Which of the following is the best example of an intermediate good?
A)the flowers Mr.Grover buys at a local nursery
B)the flowers that Timmy Grover,age three,brought Mrs.Grover after he picked them from a neighbor's garden
C)the flour Grandma Grover buys to make a birthday cake
D)the flour that Joe buys so that he can eat pizza three nights a week
E)the flour Amy orders each month for the bakery she manages

Question

Quizplus · Accepted Answer

Intermediate goods are goods that are used as an input in the production of final goods. The flour ordered by the bakery manager would be used as an ingredient in the bakery's final product, making it an intermediate good. The other options involve personal or final consumption, making them final goods.

Which of the Following Is the Best Example of an Intermediate