Classify the following as final goods or intermediate goods. (i) Machine purchased by a firm. (ii)...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Classify the following as final goods or intermediate goods. (i) Machine purchased by a firm. (ii) Soft drinks purchased by the school canteen. (iii) Clothes purchased by an individual. (iv) Coal purchased by a factory. (v) Electricity consumption In a business. (vi) Book purchased by a student. (vii) Books purchased by a book seller. (viii) Postage stamps purchased by a consumer. (ix) Postage stamps purchased by a business unit. (x) Exhaust fans used for making water coolers. (xi) Seeds purchased by a farmer to produce wheat. (xii) Seeds purchased for kitchen gardening. (xiii) Machihes purchased by a dealer of machines. (xiv) Car purchased by a household. (xv) Sewing machine purchased by a housewife. Classify the following as final goods or intermediate goods. (i) Machine purchased by a firm. (ii) Soft drinks purchased by the school canteen. (iii) Clothes purchased by an individual. (iv) Coal purchased by a factory. (v) Electricity consumption In a business. (vi) Book purchased by a student. (vii) Books purchased by a book seller. (viii) Postage stamps purchased by a consumer. (ix) Postage stamps purchased by a business unit. (x) Exhaust fans used for making water coolers. (xi) Seeds purchased by a farmer to produce wheat. (xii) Seeds purchased for kitchen gardening. (xiii) Machihes purchased by a dealer of machines. (xiv) Car purchased by a household. (xv) Sewing machine purchased by a housewife.
Expert Answer:
Related Book For
Introduction to Mathematical Statistics and Its Applications
ISBN: 978-0321693945
5th edition
Authors: Richard J. Larsen, Morris L. Marx
Posted Date:
Students also viewed these economics questions
-
On October 1, MAP Consulting Company borrows $15,000 cash on a note payable from ABC Bank with terms of 120 days @ 10%. They agreed to use a 360-day year for simple interest calculations. MAP...
-
Experience has shown that only 1/3 of all patients having a certain disease will recover if given the standard treatment. A new drug is to be tested on a group of twelve volunteers. If the FDA...
-
Assuming that a normative study has shown that the mean anxiety level for college students () is 18 ( = 11) on the scale that Ihno used, what is the z score for the baseline anxiety scores in Ihno's...
-
The mass-to-charge ratio for the positive ion F+ is 1.97 107 kg/C. Using the value of 1.602 1019 C for the charge on the ion, calculate the mass of the fluorine atom. (The mass of the electron is...
-
The MegaMax Theatre is located in the MetroMall and employs six cashiers. Two of them work from 12:30 to 6:00 p.m., and the other four from 6:00 to 11:30 p.m. The cashiers receive payments from...
-
Explain the difference between artistic-related intangible assets and contract-related intangible assets .
-
True or False: Welding on a fan blade requires the welding grounding clamp to be placed on the fan impeller itself.
-
the stockholders equity section of Acerin Moving and Storage Corporations balances sheet as of December 31, 2010, appears below. Contributed capital Common stock, $2 par value, 6,000,000 shares...
-
Osborn Manufacturing uses a predetermined overhead rate of $18.60 per direct labor-hour. This predetermined rate was based on a cost formula that estimates $230,640 of total manufacturing overhead...
-
Kim and Sam are playing with a ball in the park. Unfortunately the ball finishes up in the middle of a pond, out of reach. Kim thinks that hitting the water with a stick will make waves that will...
-
Design a concrete-bearing wall using the ACI simplified equation to support a set of beams, as shown in the figure below. The bearing width of each beam is 300 mm. the height of the wall is 3.65 m...
-
Rewrite log3 (8x) + log3 (6y) as a single logarithm. Provide your answer below:
-
Market Size Model The first step is to model the entire market. The company manufacturers two products (A and B) so each market must be modeled. Modeling the market requires establishing growth rates...
-
TB MC Qu. 4-40 (Algo) Darden Corporation uses the weighted-average method.... 21 Darden Corporation uses the weighted average method in its process costing system. The first processing department,...
-
highlight all of these questions delivered in these bullet points. Be sure to provide lots of detail as well. What is Kroger Delivery? Importance of Kroger Delivery in the grocery industry? Overview...
-
March 1 $ 7,252.00 Date # of units Cost per unit # of units sold Cost per Cost of Goods Sold # of units unit Cost per unit Inventory Balance 140 at $51.80 = 245 at $ 56.80 140 at 245 at $ 56.80=...
-
The contribution amount paid to Daniella different to the SG contribution amount due to different of rate used. Which ethical principle and practice has been breached? Describe how it has been...
-
Propose a reasonable mechanism for the following reaction. OH
-
Suppose fX,Y (x, y)= xye(x+y), x >0, y >0. Prove for any real numbers a, b, c, and d that P(a < X < b, c < Y < d) = P(a < X < b) P(c < Y < d) thereby establishing the independence of X and Y.
-
How many ways can a twelve-member cheerleading squad (six men and six women) pair up to form six male-female teams? How many ways can six male female teams be positioned along a sideline? What might...
-
Let Y be a random variable with fY(y) = 6y(1 y), 0 y 1. Find the pdf of W = Y2.
-
An extremely intriguing feature of quantum entanglement is a property that has been called the "monogamy of entanglement": a particle can only be maximally entangled with precisely one other...
-
We had mentioned that from the partition function \(Z\), all possible thermodynamical quantities can be determined. In this problem, we will use the harmonic oscillator's partition function of Eq....
-
Let's consider the harmonic oscillator immersed in a heat bath of temperature \(T\). For any Hermitian operator \(\hat{A}\), we can define its thermal average denoted as...
Study smarter with the SolutionInn App