multiple choice question\nconsumption goods, capital goods and services purchased by their ultimate users…
multiple choice question\nconsumption goods, capital goods and services purchased by their ultimate users are called ______ goods.\no final\no intermediate\no substitute\no investment
Answer
Brief Explanations:
Final goods are those that are purchased by the ultimate users for consumption or investment. Intermediate goods are used in the production of other goods. Substitute goods are alternative products that can be used in place of each other. Investment goods are a type of capital goods used in the production - process. Since the goods described are purchased by ultimate users, they are final goods.
Answer:
A. final