Which of the following transactions represents the purchase of a final good?
A)Starbucks purchases coffee beans.
B)Delta buys a new European-made jetliner.
C)Apple computer buys computer processors from Intel.
D)Your father buys a new John Deere riding lawn mower.

Question

Quizplus · Accepted Answer

The purchase of a lawn mower by your father represents the purchase of a final good, as it is a finished product that is used for personal consumption. The other transactions listed may involve intermediate goods or capital goods, which are not considered final goods.

Which of the Following Transactions Represents the Purchase of a Final