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A refrigerator operating in a chemist’s shop is an example of
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- free good
- final good
- producers good
- consumer’s good
- free good
Correct Option: B
Final goods are goods that are ultimately consumed rather than used in the production of another good. For example, a car sold to a consumer is a final good; the components such as tires sold to the car manufacturer are not; they are intermediate goods used to make the final good.
