Question : QUESTION
Which of the following consumption?
Which of the following is consumption?
a new car purchased for personal use
a dump truck purchased by a demolition company
a new computer purchased by Federal Express for one of its corporate executives
a storage facility for a moving company
The total of the values added at every stage of production for a good yields:
the prices of the factors of production used to produce the good.
the final value of the good.
the intermediate value of the good.
the total cost of the labor used to produce the good.