select the correct answer. oliver owns a paper mill. it has machines that use wood pulp to make paper. which…

select the correct answer. oliver owns a paper mill. it has machines that use wood pulp to make paper. which is an intermediate good? a. machines b. paper c. wood pulp

select the correct answer. oliver owns a paper mill. it has machines that use wood pulp to make paper. which is an intermediate good? a. machines b. paper c. wood pulp

Answer

Answer:

C. wood pulp

Brief Explanation:

An intermediate good is used to produce a final - good. Wood pulp is used to make paper, so it's an intermediate good. Machines are capital goods, and paper is a final good for the paper - mill's production process.