Which of the following is an intermediate good?
A) the purchase of gasoline for a ski trip to B.C
B) the purchase of a pizza by a college or university student
C) the purchase of baseball bats by a professional baseball team
D) the purchase of jogging shoes by a professor

Question

Quizplus · Accepted Answer

Baseball bats purchased by a professional baseball team are an intermediate good as they are used in the production process of playing baseball games.

Which of the Following Is an Intermediate Good