Which of the following is an example of an intermediate product?

A personal computer

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A barrel of crude oil

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A sports car

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A house

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Solution

The correct option is B
A barrel of crude oil

An intermediate good is a product used to produce a final good or finished product. These goods are sold between industries for resale or the production of other goods. Here crude oil is an input that is used in the production of the final goods.

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Which of the following is an example of an intermediate product?

The correct option is B A barrel of crude oil An intermediate good is a product used to produce a final good or finished product. These goods are sold between industries for resale or the production of other goods. Here crude oil is an input that is used in the production of the final goods.

The correct option is B
A barrel of crude oil

An intermediate good is a product used to produce a final good or finished product. These goods are sold between industries for resale or the production of other goods. Here crude oil is an input that is used in the production of the final goods.