Which of the following is an intermediate good?
A)Tomatoes grown in your garden that you use to make salsa
B)Tomatoes you buy at a local farmer's stand that you use to make salsa
C)Tomatoes sold in the grocery store that you use to make salsa
D)None of these is an intermediate good.

Question

Quizplus · Accepted Answer

Intermediate goods are products used to produce a final good or finished product. In this context, none of the options represent an intermediate good as they are all final goods consumed directly by the end user.

Which of the Following Is an Intermediate Good