An example of an intermediate good would be:
A. the rice used to make Chex cereal.
B. a bag of Uncle Ben's rice sold to consumers.
C. a bag of Quaker's rice cakes sold to consumers.
D. All of these are intermediate goods.
Answer: A
An example of an intermediate good would be:
A. the rice used to make Chex cereal.
B. a bag of Uncle Ben's rice sold to consumers.
C. a bag of Quaker's rice cakes sold to consumers.
D. All of these are intermediate goods.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.