An elementary school teacher purchased a ream of art paper,a box of crayons,and some modeling clay.These products could be classified as either business goods or consumer goods,depending on the teacher's intended use.

Question

Quizplus · Accepted Answer

The classification of the purchased products as either business goods or consumer goods depends on the intended use of the teacher. If the teacher purchased these products for personal use or for use in their classroom, they can be classified as consumer goods. However, if the teacher purchased these products to resell them or use them in the production of goods to sell, then they can be classified as business goods.

An Elementary School Teacher Purchased a Ream of Art Paper,a