Products (such as tools and repair services)that are used to assist in producing other goods and services are referred to as __________.
A) components
B) complementary products
C) support products
D) derived products
E) materials

Question

Quizplus · Accepted Answer

Support products are products that are used to assist in producing other goods and services. They include tools, equipment, repair services, and other items that are necessary for the production process but are not the final product itself. Complementary products (B) are products that are sold together with other products to enhance their use, but they are not essential to the production process. Components (A) are parts of a final product, and derived products (D) are goods that are produced from raw materials. Materials (E) are substances that are used to create products, but they are not necessarily support products.

Products (Such as Tools and Repair Services)that Are Used to Assist