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anderson's running manufactures a hydration belt, which includes two water bottles. these belts are in high demand with runners because of the unique fit of the belt. anderson's running produces the hydration belt at its factory, but it purchased the water bottles in bulk from another supplier. in this scenario, the water bottles are an example of goods and the hydration belt is an example of goods. a.) intermediate; final b.) intermediate; substitute c.) final; intermediate d.) final; substitute submit my answer

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A hydration belt made by Anderson's Running comes with two water bottles. Due to their distinctive fit, runners are in high demand for these belts. The hydration belt is made at Anderson's Running's factory, but the water bottles were bought in bulk from another supplier. The hydration belt is an example of a final good, while the water bottles are an example of an intermediate good in this scenario.

Which one exemplifies labor-intensiveness?

Restaurants, hotels, agriculture, mining, and healthcare and caregiving are all labor-intensive industries. In general, less developed economies tend to be more labor-intensive. Low income means that the economy or business cannot afford to invest in costly capital, so this scenario is quite common.

Which one exemplifies labor-intensiveness?

Restaurants, hotels, agriculture, mining, and healthcare and caregiving are all labor-intensive industries. In general, less developed economies tend to be more labor-intensive. Low income means that the economy or business cannot afford to invest in costly capital, so this scenario is quite common.

Learn more about labor-intensive industries here:

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