An Example of an 'Intermediate Good' Would Be

question 53

Multiple Choice

An example of an 'intermediate good' would be:

• A)a new car.
• B)a used car.
• C)the tyres on a new car.
• D)new tyres to replace old tyres on a used car.

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Definitions:

Role Negotiation

A process by which individuals discuss and agree upon the expectations and responsibilities of their roles within an organization to minimize conflicts.

Positive Thinking

The practice of focusing on the good in any given situation or adopting an optimistic viewpoint that promotes the expectation of favorable outcomes.

Stressors

External pressures or events that cause stress, which can impact an individual's physical and psychological well-being.

Threshold

The level, point, or value at which something begins or changes.