Answer:
A final good is one that D) is purchased by its final user.
A final good refers to a product that is bought by the end consumer for their own consumption or use. It is the end result of the production process and is intended for direct consumption or use rather than for further production or resale.
For example, when you buy a loaf of bread from a bakery for your own consumption, the bread is considered a final good. Similarly, if you purchase a laptop for personal use, the laptop is also considered a final good.
On the other hand, options A, B, and C refer to intermediate goods or inputs used in the production process.
- Option A refers to a capital good, which is used in the production of another good or service. For example, machinery used in a factory to manufacture products would be a capital good.
- Option B refers to a natural resource used in the production process, such as raw materials like wood or minerals.
- Option C refers to a factor of production, such as labor or raw materials, that is purchased as an input in the production process.
Therefore, the correct answer is D) is purchased by its final user.