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Determine whether each of the following is consumption, investment, or neither. Explain your answer. A landscaping company buys a new four-wheel-drive vehicle to carry fertilizer

Determine whether each of the following is consumption, investment, or neither. Explain your answer.

  1. A landscaping company buys a new four-wheel-drive vehicle to carry fertilizer and flowers.
  2. A doctor buys a new four-wheel-drive vehicle to use on vacation.
  3. A family puts a new kitchen in their house.
  4. The campus bookstore increases its inventory of textbooks.
  5. Your parents purchase their dream home, newly built to their specification by a local contractor.
  6. Your parents buy a vacation home from a friend who had owned that home for years.

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