Which of the following is the best example of a consumer good?
A) the riding lawn mower purchased by the landscaping company
B) the disposable diapers purchased by the new mother for her baby
C) the paint purchased by the contractor
D) the cookies purchased for the daycare center
E) the art supplies purchased for the elementary school art center

Question

Quizplus · Accepted Answer

The disposable diapers purchased by the new mother for her baby are a clear example of a consumer good, as they are purchased for personal use and consumption. The riding lawn mower, paint, cookies, and art supplies are all examples of producer goods, as they are purchased for use in production or to aid in the production of other goods and services.

Which of the Following Is the Best Example of a Consumer