The farms products such as livestock, vegetables, wheat and cotton are best classified as?
Correct answer: A. materials and parts in industrial product
- A. materials and parts in industrial product
- B. supplies and services
- C. capital items
- D. consumer products
Explanation
Livestock, vegetables, wheat, and cotton are raw materials that enter the production process, so they fall under materials and parts in the industrial-product classification. They are not capital items or consumer products in this classification.
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