Question

    Which of the following would most likely be considered a consumer good?

    A ball bearings Correct Answer Incorrect Answer
    B iron ore Correct Answer Incorrect Answer
    C printing press Correct Answer Incorrect Answer
    D suitcase Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Consumer goods like suitcases are products purchased by the ultimate consumer. The other answers are business goods.

    Practice Next
    ×
    ×