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Author Question: Which of the following is an example of an intermediate good or service? A) gasoline purchased by ... (Read 83 times)

acc299

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on: Jun 29, 2018
Which of the following is an example of an intermediate good or service?
 
  A) gasoline purchased by Sam for her commute to work
  B) flour purchased by Jake to bake a cake for his spouse
  C) training seminars for employees of an accounting firm
  D) golf balls sold to Tiger Woods
  E) None of the above are examples of intermediate goods or services.

Question 2

Which of the following is NOT one of the factors that influences the supply of a product?
 
  A) technology
  B) income
  C) number of suppliers
  D) expected future prices


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livaneabi

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


acc299

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

parker125

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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