Answer 3.2 3.3 and 3.4 3.2.There are different types of goods and services in the economy. Explain the differencebetween the following goods and provide relevant examples of each.3.2.1. Intermediate goods versus final goods.3.3.Economic systems aim to address three central economic questions. List and providea short discussion of the three central economic questions3.4.Consumer goods are goods that are used or consumed by individuals or householdsto satisfy wants. Discuss and provide an example of the different categories ofconsumer goods.

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3.2. There are different types of goods and services in the economy. Explain the difference between the following goods and provide relevant examples of each. 3.2.1. Intermediate goods versus final goods.

3.2. There are different types of goods and services in the economy. Explain the difference between the following goods and provide relevant examples of each. 3.2.1. Intermediate goods versus final goods.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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