SSC Selection Post 2022 PYQ — Question 31

SSC Selection Post - Matriculation Level - 3 Feb 2022 - Shift 1 • General Awareness • Q31

Which of the following is necessarily a final good?

Show answer & explanation

Correct answer: D

Explanation

The correct answer is Option 4 i.e. An XL size shirt​​​​​​​.

 

  • A final good is a product that is ready for consumption and will not be used to produce other goods.

  • An XL size shirt is a finished product ready for use by the consumer, so it is a final good.

  • Cotton is a raw material used to make textiles and clothes, so it is an intermediate good.

  • Clothing is a general category and not specific; it may include both final and intermediate goods.

  • A particular brand of tea can be a final good if sold for consumption, but the most precise answer here is the specific finished product, the XL shirt.