Which of the Following Is the Best Example of an Intermediate

question 211

Multiple Choice

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

• A) military uniforms purchased by the government
• B) flour purchased by a bakery for the production of bread
• C) a new computer purchased by a software developer
• D) screwdrivers purchased by a homeowner for home repairs
• E) aprons purchased by restaurant chefs

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Definitions:

Post-it Note Pads

Small pieces of paper with a re-adherable strip of adhesive on the back, intended for temporarily attaching notes to documents and other surfaces.

3M Corporation

A multinational conglomerate corporation known for products like Post-it Notes, Scotch tape, and a wide range of industrial and consumer goods.

Venture Capital

Financing that investors provide to startup companies and small businesses believed to have long-term growth potential.

Start-up Firms

Newly established businesses, often in the early stage of development and research of their products or services.