The following statement is true or false? Give reasons.
Butter is only a final product.

True

No worries! We‘ve got your back. Try BYJU‘S free classes today!

False

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is B False
The statement is false because:
It depends on the end use of butter. If butter is purchased by a household, then it Is a final good.
However, if it is purchased by a bakery shop for making cakes, then it is an intermediate good.

Suggest Corrections

Similar questions

Giving reasons, state whether the following statements are true or false:
(i) Average product will increase only when marginal product increases.
(ii) Under diminishing returns to a factor, total product continues to increase until marginal product reaches zero.

Q. The product of two consecutive positive integers is divisible by 2: Is this statement true or false? Give reasons.

Question 2
The product of two consecutive positive integers is divisible by 2: Is this statement true or false? Give reasons.

Q. Are the following statements true or false. Give reason in support of your answer.
Destarching of the leaves of a potted plant can occur only at night.

Q. The following statements true or false? Give reasons.
In final goods, no value is to be added.

Join BYJU'S Learning Program

The following statement is true or false? Give reasons.Butter is only a final product.

The correct option is B FalseThe statement is false because:It depends on the end use of butter. If butter is purchased by a household, then it Is a final good. However, if it is purchased by a bakery shop for making cakes, then it is an intermediate good.

The following statement is true or false? Give reasons.
Butter is only a final product.

The correct option is B False
The statement is false because:
It depends on the end use of butter. If butter is purchased by a household, then it Is a final good.
However, if it is purchased by a bakery shop for making cakes, then it is an intermediate good.