Which of the following would most likely be considered a consumer good?
A)back hoe
B)suitcase
C)ball bearings
D)printing press

Question

Quizplus · Accepted Answer

A consumer good is a product that is purchased for personal use. A suitcase is an item that is commonly used by individuals for travel and would be considered a consumer good. The other options, a back hoe, ball bearings, and printing press, are all capital goods or intermediate goods used in production processes.

Which of the Following Would Most Likely Be Considered a Consumer