Durable goods _____.

Question

Quizplus · Accepted Answer

Durable goods are defined as products that are typically used over a long period of time, such as appliances, cars, and furniture. This distinguishes them from nondurable goods, which are typically consumed quickly or have a high consumption frequency. Durable goods also require the consumer to go through the consumption process (such as installation or assembly) in a way that nondurable goods do not. Finally, although durable goods can require maintenance or repair, they cannot be "serviced" in the sense of offering an intangible service.

Durable Goods _____