Which of the following would be classified as a final good?
A) New computer software sold to a computer manufacturer for installation in new computers
B) The services provided by lawyers to a computer manufacturer
C) Computer chips sold to a computer manufacturer for installation in new computers
D) A new computer sold to a business firm
Correct Answer:
Verified
Q20: The additional goods and services produced by
Q21: Long-lived goods used for producing other goods
Q22: If Bountiful Orchard grows $100,000 worth of
Q23: Intermediate goods and services are _ production
Q24: If the Citrus Growers Association grows $1
Q26: The value added by any firm equals
Q27: A firm's revenue from selling its product
Q28: Capital goods are treated as _ goods
Q29: Goods and services that are consumed by
Q30: Which of the following is an example
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