The term "final products" refers to:
A)products that are unsold and, therefore, added to inventories
B)products whose value has been adjusted for inflation
C)products to be purchased by ultimate users that are not intended for resale or further processing
D)consumer products, as opposed to investment products
E)investment products, as opposed to consumer products

Question

Quizplus · Accepted Answer

Final products refer to products that are meant for ultimate consumption by end-users and are not intended for resale or further processing. They are also known as consumer goods or finished products. In contrast, products intended for resale or further processing are called intermediate goods. Choices A, B, D, and E are not accurate definitions of final products.

The Term "Final Products" Refers To