Wax for making candles would most likely be classified as which type of good?
A)production goods
B)specialty goods
C)support goods
D)convenience goods

Question

Quizplus · Accepted Answer

Wax for making candles is a raw material that is used in the production of candles. Hence, it would be classified as a production good. Production goods are items that are used in the production process of goods and services. They are not the end product but are essential for the production process.

Wax for Making Candles Would Most Likely Be Classified as Which