Question

An example of an intermediate good is​ _______.

A. an item that is produced by one​ firm, bought by another​ firm, and used as a component of a final good or​ service; wheat sold to a baker to make bread
B. an item that is used for a given period of time and then must be​ replaced; winter boots
C. a good that is used for only part of the​ year; snow tires
D. an item that is produced by one​ firm, bought by another​ firm, and used as a component of a final good or​ service; a used car

Answer 1

The correct answer is A. an item that is produced by one​ firm, bought by another​ firm, and used as a component of a final good or​ service; wheat sold to a baker to make bread

Step-by-step explanation:

Intermediate goods are also called producer goods or semi-finished, this products are items that we use to create another product. They are inputs/ingredients in other products. They can also be finished products, since it is consumed directly by consumers and used by producers to manufacture other food products.