Which of the Following Is an Example of an Intermediate

question 7

Multiple Choice

Which of the following is an example of an intermediate good?

• A)The flowers that Mr.Grover buys at a local nursery
• B)The flowers that Timmy picks from a neighbor's garden and brings to Mrs.Grover
• C)The flour that Grandma buys to bake a birthday cake
• D)The flour that Joe buys so that he can eat pizza three nights a week
• E)The flour that Amy orders each month for the bakery she manages

---

Definitions:

Salvage Value

The estimated residual value of an asset at the end of its useful life, often considered in depreciation calculations.

Floral Deliveries

The service or business of transporting flowers or floral arrangements to specified locations or recipients.

Units-Of-Activity

A method of depreciation that allocates the cost of an asset over its useful life based on its activity level, such as miles driven or hours used.

Salvage Value

The estimated resale value of an asset at the end of its useful life; it is used in calculating depreciation expense.