Which of the following is the best example of an input to production that is an intermediate product?
A)40 acres of farmland
B)the skills and training of a web designer
C)computer circuit boards
D)a textile factory
E)a sewing machine

Question

Quizplus · Accepted Answer

Computer circuit boards are an intermediary product, as they are used as a component in the production of other goods such as computers and electronic devices. The other options listed are either primary factors of production (farmland, skills and training) or capital goods (textile factory, sewing machine) that are used in the production process but do not constitute an intermediate product.

Which of the Following Is the Best Example of an Input