Which of the following is an example of a final good or service?
A)Bricks purchased by a company for constructing houses
B)Wheat purchased by a bakery
C)Steel purchased by a company for manufacturing cars
D)A cup of coffee bought at a restaurant
E)A used car bought by a person

Question

Quizplus · Accepted Answer

A cup of coffee bought at a restaurant is a final good or service because it is purchased for direct consumption by the consumer. The other options (bricks, wheat, steel, and a used car) are intermediate goods, which are purchased for the purpose of further production or resale.

Which of the Following Is an Example of a Final