Which of the following would most likely be defined as a final good or service?
A) iron ore
B) wheat
C) a personal computer
D) lumber

Question

Quizplus · Accepted Answer

A personal computer is a finished product that directly satisfies a consumer's wants or needs, and therefore would be classified as a final good. The other options listed are all considered intermediate goods, as they are inputs that will be further processed or used in the production of other goods.

Which of the Following Would Most Likely Be Defined as a Final