Which of the Following Is the Best Example of an Intermediate

question 5

Multiple Choice

Which of the following is the best example of an intermediate good or service?  

• A) any good or service bought by a household, rather than by a firm 
• B) pizzas bought at a restaurant 
• C) legal services hired by a public accounting firm 
• D) a professional performance of The Phantom of the Opera

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Definitions:

Social Sciences

Academic disciplines that study human society and social relationships through various methods of empirical investigation and critical analysis.

Business

Organized efforts by individuals or entities to produce and sell goods and services for profit.

Social Exclusion

The process through which individuals or groups are systematically blocked from rights, opportunities, and resources that are available to others in society.

Social Class

Social class refers to divisions within a society based on social and economic status, often determined by wealth, occupation, and educational attainment.