What is an example of a final good?
A) tartar sauce purchased by a fish restaurant
B) corn purchased by a hog farmer
C) bacon purchased at a grocery store
D) rubber purchased by a bicycle company

Question

Quizplus · Accepted Answer

Bacon purchased at a grocery store is a final good because it is a product that is bought by a consumer for personal consumption. Tartar sauce purchased by a fish restaurant, corn purchased by a hog farmer, and rubber purchased by a bicycle company are intermediate goods because they are used in the production process to create a final product.

What Is an Example of a Final Good