The term "roundabout methods of production" refers to
A) Firm A purchasing a product from Firm B and reselling it to consumers.
B) firms first producing capital goods and then using those capital goods to produce consumer goods.
C) firms selling unassembled products so that the consumer completes the production process.
D) banks and other financial institutions making loans available to producers so that the producers can make goods available to consumers; thus in a roundabout way the banks are making the goods available to consumers.
Correct Answer:
Verified
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