Which of the following is an intermediate good?

CA Foundation · Business Economics · MTP · January 2025
Which of the following is an intermediate good?
(A) A. The Purchase of gasoline for a ski trip to colorado
(B) B. The Purchase of Pizza by a college student
(C) C. The Purchase of baseball uniform by a professional baseball team
(D) D. The Purchase of Jogging Shoes by a Professor

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. The Purchase of baseball uniform by a professional baseball team

Topics: Theory of Production and Cost

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