An Example of an Intermediate Good Would Be

question 20

Multiple Choice

An example of an intermediate good would be:

• A) lumber used by a consumer to build a fence in their yard.
• B) pencils purchased by a restaurant to be used to take orders.
• C) a new stove purchased by a restaurant.
• D) an airplane purchased by the government.
• E) Social Security payments made by the government.

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Definitions:

Conditioned

The process by which an organism learns to associate two stimuli, leading to changes in behavior.

Shaping

A method of training by which successive approximations toward a desired behavior are reinforced.

Desired Response

The preferred or intended outcome of a particular behavior or action.

Closer Approximations

Represents a method or process in mathematics and science for estimating a value or position with increasing accuracy.