Which Example Illustrates an Intermediate Good

question 119

Multiple Choice

Which example illustrates an intermediate good?

• A) stocks and bonds purchased by a business executive
• B) a cellular telephone purchased by a university student
• C) a wedding ring purchased by an engineer for his fiancée
• D) tires General Motors purchased from Goodyear for new electric cars

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Definitions:

Counta

A function in spreadsheet software that counts the number of cells in a range that are not empty.

Cell B2

A specific cell located in column B and row 2 of a spreadsheet, used to reference a particular data point.

Passing Score

The minimum score required on a test or examination to be considered successful or to achieve a certain certification or qualification.

Data Label

A Data Label is a descriptive text used in charts and graphs to provide specific information about a data point, such as the value or category name.