Question
Economics Question on Goods and Services
Find out correct information
A. Both consumption goods and capital goods are final goods.
B. Intermediate goods, mostly used as raw material.
C. Capital goods are crucial backbone of production process.
D. Final goods pass through more stages of production.
Choose the correct answer from the options given below :
A
B and C only
B
A, C and D only
C
A, B and C only
D
A, C and D only
Answer
A, B and C only
Explanation
Solution
The correct option is (C) :A, B and C only.