Match List I with List II
LIST I LIST II A. Product will not pass through further transformation I. Capital Good B. A product used as raw material or input for production II. Final Good C. The good which enables for production on process III. Consumer Good D. Goods purchased by ultimate consumer IV. Intermediate Goods
Choose the correct answer from the options given below:
Match List I with List II
| LIST I | LIST II | ||
|---|---|---|---|
| A. | Product will not pass through further transformation | I. | Capital Good |
| B. | A product used as raw material or input for production | II. | Final Good |
| C. | The good which enables for production on process | III. | Consumer Good |
| D. | Goods purchased by ultimate consumer | IV. | Intermediate Goods |
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 2
A good not passing through further transformation is a Final Good, so A-II. A raw material or input for production is an Intermediate Good, so B-IV. A good enabling the production process is a Capital Good, so C-I. A good purchased by the ultimate consumer is a Consumer Good, so D-III.
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