An example of a final good is:
A)chocolate chips purchased by Nabisco to make Keebler chocolate chip cookies.
B)chocolate chips purchased by you to make chocolate chip cookies.
C)chocolate chips purchased by a restaurant to make a chocolate chip cookie pie to sell.
D)All of these are final goods.

Question

Quizplus · Accepted Answer

A final good is one that is purchased by the end consumer for their own personal use or consumption. In this case, the chocolate chips purchased by the individual to make chocolate chip cookies would be considered a final good. The other options involve the purchase of chocolate chips for use in the production of other goods or for resale, making them intermediate goods.

An Example of a Final Good Is