Which of the following would be classified as foundation goods?

Question

Quizplus · Accepted Answer

Foundation goods are those that are necessary for the production process to occur and that are not easily transferable or have a long useful life. Fixed equipment (A) such as machinery or specialized technology and buildings and land rights (C) are both examples of foundation goods. Operating supplies (B) and maintenance and repair services (D) may be necessary for the production process to occur, but they are generally not considered foundation goods.

Which of the Following Would Be Classified as Foundation Goods