An Example of a Final Good Would Be

question 194

Multiple Choice

An example of a final good would be

• A)the soy milk sold to Starbucks.
• B)the whipped cream sold to Starbucks.
• C)a soy latte sold by Starbucks to a student.
• D)the coffee beans sold to Starbucks.

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Definitions:

Society

A structured community of people bound together by similar traditions, institutions, or nationality.

Logrolling

The trading of votes by legislators to secure favorable outcomes on decisions concerning the provision of public goods and quasi-public goods.

Diminish

To decrease or make smaller in size, importance, or intensity.

Excludability

The characteristic displayed by those goods and services for which sellers are able to prevent nonbuyers from obtaining benefits.