multiple choice question\na long - lived good that is used in the production of other goods and services is…

multiple choice question\na long - lived good that is used in the production of other goods and services is called a(n) \n○ final good\n○ capital good\n○ intermediate good\nneed help? review these concept resources.\nread about the concept

multiple choice question\na long - lived good that is used in the production of other goods and services is called a(n) \n○ final good\n○ capital good\n○ intermediate good\nneed help? review these concept resources.\nread about the concept

Answer

Brief Explanations:

A final good is for end - use by consumers. An intermediate good is used up in the production process to make other goods. A capital good is a long - lived good used in the production of other goods and services.

Answer:

B. capital good