Question

An example of an intermediate good will be:

a. wages paid to an employee.
b. steel purchased by the aircraft manufacturers.
c. vegetables purchased for your dinner.
d. electric bills for the office.
e. trucks purchased by the postal service.

Answer 1

b. steel purchased by the aircraft manufacturers.

Step-by-step explanation:

An intermediate good is a producer good or semi-finished good that is used as an input in the production process in the manufacturing of other goods such as finished goods. An example of an intermediate good in the options given above will be steel that is purchased by the aircraft manufacturers. Steel is a partly finished good used in producing aircraft, as a final or finished good.