Which of these is an example of a final good? a. wood. b. steel c. needle

A needle (C) is a final good. A final good is something purchased by a consumer for use without any further processing or use in another good. A needle is bought to use as a needle; it does not go into the production of something else. However, wood and steel are products that are purchased to creates something else. Because they are used in the production of another good or are further processed before being finally sold, they are not final goods.

No because he makes more money then the median annual income in the united states

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