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A hammer in the hands of a house-wife is a ______ good.
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- consumer
- capital
- free
- intermediary
- consumer
Correct Option: D
Good is any tangible item, whether produced or found naturally and which is available for exchange. Free good is a good that is so abundant is supply that it has no opportunity cost, for example, air. Intermediary good is a firm’s product that is used as an input into the production process of either the same firm or another.