
Economics: A Contemporary Introduction 9th Edition by William McEachern
Edition 9ISBN: 9780538453745
Economics: A Contemporary Introduction 9th Edition by William McEachern
Edition 9ISBN: 9780538453745 Exercise 1
HOUSEHOLDS AS DEMANDERS OF GOODS AND SERVICES Classify each of the following as a durable good, a nondurable good, or a service:
a. A gallon of milk
b. A lawn mower
c. A DVD player
d. A manicure
e. A pair of shoes
f. An eye exam
g. A personal computer
h. A neighborhood teenager mowing a lawn
a. A gallon of milk
b. A lawn mower
c. A DVD player
d. A manicure
e. A pair of shoes
f. An eye exam
g. A personal computer
h. A neighborhood teenager mowing a lawn
Explanation
a.Non-durable goods:
Milk is perishable,...
Economics: A Contemporary Introduction 9th Edition by William McEachern
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