Which of the following is not a reason to purchase a durable good?
A) To take advantage of a technological improvement with the potential to make household maintenance more time-efficient.
B) Physical wear and tear that results in an existing durable having reached the end of its useful life.
C) A change in circumstances.
D) To attempt to minimize risk.
E) All of the above are reasons to purchase a durable good.
Correct Answer:
Verified
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