The three types of consumption are
A) compulsive, impulsive, and deliberate.
B) durables, nondurables, and services.
C) investments, nondurables, and services.
D) investments, durables, and services.

Question

Quizplus · Accepted Answer

The three types of consumption are durables (items intended to last for a period of more than three years), nondurables (goods consumed quickly and needing to be purchased regularly), and services (intangible products like healthcare, education, and entertainment).

The Three Types of Consumption Are