Match each good with either "final good" or "intermediate good". Cowhide, purchased by a tanner, to be made into a belt for retail sale final good [Choose ] intermediate good A new guitar sold by a music store to a child learning to play [Choose ] intermediate good final good A ton of steel that will be used to make several new cars [Choose ] intermediate good final good A new car sold to a nice old lady who only drives it to church on Sundays [Choose ] intermediate good final good Flour used by a pizza restaurant to make a pizza [Choose ] intermediate good final good Cement purchased by a homeowner to repair a sidewalk [Choose ] intermediate good final good Cement purchased by a contractor to build a sidewalk for a new house [Choose ] intermediate good final good A pizza oven used by a restaurant to make pizza [Choose ] intermediate good final good

Match each good with either "final good" or "intermediate good". Cowhide, purchased by a tanner, to be made into a belt for retail sale final good [Choose ] intermediate good A new guitar sold by a music store to a child learning to play [Choose ] intermediate good final good A ton of steel that will be used to make several new cars [Choose ] intermediate good final good A new car sold to a nice old lady who only drives it to church on Sundays [Choose ] intermediate good final good Flour used by a pizza restaurant to make a pizza [Choose ] intermediate good final good Cement purchased by a homeowner to repair a sidewalk [Choose ] intermediate good final good Cement purchased by a contractor to build a sidewalk for a new house [Choose ] intermediate good final good A pizza oven used by a restaurant to make pizza [Choose ] intermediate good final good

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Match each good with either "final good" or "intermediate good".
Cowhide, purchased by a tanner, to be made into a belt for retail sale
[Choose ]
intermediate good
final good
A new guitar sold by a music store to a child learning to play
[Choose ]
intermediate good
final good
A ton of steel that will be used to make several new cars
[Choose ]
intermediate good
final good
A new car sold to a nice old lady who only drives it to church on Sundays
[Choose ]
intermediate good
final good
Flour used by a pizza restaurant to make a pizza
[Choose ]
intermediate good
final good
Cement purchased by a homeowner to repair a sidewalk
[Choose ]
intermediate good
final good
Cement purchased by a contractor to build a sidewalk for a new house
[Choose ]
intermediate good
final good
A pizza oven used by a restaurant to make pizza
[Choose ]
intermediate good
final good

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