Question 17
MediumOriginal questionAssertion (A): Milk is always a final good.
Reason (R): Whether a good is final depends on its end use, not on what the good is.
Show the answer and explanation
CorrectNot quiteAnswer D
Correct answer: D
Explanation
Milk bought by a sweet shop to make sweets is intermediate; milk bought by a family is final. So A is false.
R is the correct rule.
- Concept
- The use decides
- Typical timeTypical
- 70 s
- Your timeYours
- —
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