The production of durable goods varies more than the production of nondurable goods because:
A)durables purchases are non-postponable.
B)durables purchases are postponable.
C)nondurables purchases are postponable.
D)durables purchases and nondurable purchases are both non- postponable.

Question

Quizplus · Accepted Answer

Durables purchases, such as cars and appliances, can usually be postponed if consumers feel uncertain about the economy or their personal financial situation. On the other hand, nondurable goods such as food and clothing are essential and cannot be postponed, leading to a more steady demand for them. Therefore, the production of durable goods can vary more compared to nondurable goods.

The Production of Durable Goods Varies More Than the Production