Durable goods are bought infrequently, used repeatedly and involve a reasonably high level of consumer risk.

Question

Quizplus · Accepted Answer

Durable goods are typically long-lasting items such as appliances, furniture, and vehicles that are not typically replaced on a regular basis. They involve a higher level of consumer risk than non-durable goods because they are usually more expensive and involve a longer-term commitment.

Durable Goods Are Bought Infrequently, Used Repeatedly and Involve a Reasonably