Identify the correct statement from the following.

The correct answer is Option (1) → A car purchased by a taxi driver is a capital good.

A capital good is any good used for producing other goods or services, not for direct consumption.

• A car purchased by a taxi driver is used to provide transport services and earn income, so it is a capital good.

Explanation of other options:

• A television purchased by a family → used for personal consumption, hence a consumer good, not a capital good.

• Copper used in making utensils → used as a raw material, so it is an intermediate good, not a capital good.

• Computers purchased by an educational institution → used to provide educational services, so they are capital goods, not intermediate goods.