Which of the Following Is Classified as a Final Good

question 251

Multiple Choice

Which of the following is classified as a final good or service?
I.tires bought by GM to put on new Tahoes
Ii.mustard bought by Subway to put on its sub sandwiches
Iii.your purchase of online access to the Wall Street Journal

• A)i and ii
• B)i,ii and iii
• C)iii only
• D)ii and iii
• E)ii only

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Definitions:

Prescriptive Analytics

A type of business analytics that recommend one or more courses of action and showing the likely outcome of each decision.

Predictive Analytics

A type of business analytics that examines recent and historical data in order to detect patterns and predict future outcomes and trends.

Descriptive Analytics

A type of business analytics that summarize what has happened in the past and allow decision makers to learn from past behaviors.

Deep Analysis

Entails an exhaustive examination and evaluation of data or a situation to gain comprehensive insights and understand complex issues.