Economics-Product-04-ID

To measure the total value of final output, the best description of a finished good or service is a ____________.

  • A 5,000-unit inventory of unsold laptops stored in a warehouse
  • A truckload of steel purchased by a car manufacturer to build vehicles
  • A newly manufactured commercial airliner purchased by a domestic airline
  • A set of tires sold to a consumer for their personal vehicle