Question

11
Which of the following is a final good?
(a) Bread used by a baker to make sandwiches
(b) Bread used by a family to make sandwiches
(c) Electricity used by a factory for its production process
(d) None of the above
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Answer 1

Explanation:

( b) Bread used by a family to make sandwiches.

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Answer 2

From the above options (b) Bread used by a family to make sandwiches is a final good.

Final goods are goods that are not used for further trade but are used for consumption is

• In option (a) The baker is using it to make sandwiches which he will sell at his bakery. Thus making it a manufacturing good.
• In option (c) electricity used by a factory for the production process is also not a final product as it is used to manufacture other goods.