Which of the following is an example of an intermediate good?
a. The flowers that Mr. Grover buys at a local nursery
b. The flowers that Timmy picks from a neighbor's garden and brings to Mrs. Grover
c. The flour that Grandma buys to bake a birthday cake
d. The flour that Joe buys so that he can eat pizza three nights a week
e. The flour that Amy orders each month for the bakery she manages
e
You might also like to view...
In the research that used the audit method to send out 5,000 realistic-looking resumes for advertised jobs in Boston and Chicago, which of the following was one of the results?
A) White names received roughly the same number of interview requests as black names. B) High-quality resumes with black names received no more interview requests than low-quality resumes with black names. C) High-quality resumes with white names received roughly the same number of interview requests as low-quality resumes with white names. D) All of the above reflect the results of the research.
Purchasing power parity explains how exchange rates cause price differences between two countries
a. True b. False Indicate whether the statement is true or false
Which of the following firms is in a monopolistically competitive market?
A. Oral-B (a toothbrush manufacturer) B. the U.S. Postal Service C. Marlboro (a cigarette manufacturer) D. United Airlines (an airline company)
The U.S. Department of Energy is investing $60 billion in rural parts of the U.S., largely in the Great Plains, in order to develop what alternative source of energy?
a. Wind power b. Solar power c. Biofuels d. Hydroelectric