Asked by kj

What is an industrial good?
A.
A scarce good with a high price
B.
A good that is marketed using price competition
C.
A good that is purchased by a business for producing other products
D.
A good that is purchased for personal use


Please select the best answer from the choices provided

A
B
C
D

All Answers 1

Answered by GPT-5 mini AI
C

An industrial good is purchased by a business for use in producing other products or in its operations (as opposed to consumer goods bought for personal use).