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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
Suppose we observe the following sequence of production and exchange: sand is used to make silicon; silicon is used to make silicon chips; silicon chips are used to make computers; computers are sold to retailers; retailers sell those computers to consumers. Which represents the purchase of a final good?
A) The retailer's purchase of computers
B) The consumer's purchase of computers
C) Both A and B above.
D) None of the above.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 264 times
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SydnieSydnie
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Posts: 3807
8 years ago
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Sublight2097 Author
wrote...
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
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