An example of an intermediate good would be a(n)
A)paper used in this edition of the textbook.
B)the appliance you use to heat up your lunch..
C)the used car you purchase.
D)the suit you purchased on Black Friday and wore for New Year's Eve.

Question

Quizplus · Accepted Answer

An intermediate good is a good that is used in the production of another good, rather than being sold directly to the consumer. The paper used in this edition of the textbook is an intermediate good because it is used to produce the textbook, rather than being sold directly to the consumer. The other three choices are all final goods that are sold directly to the consumer.

An Example of an Intermediate Good Would Be A(n)