Consumers find it easier to postpone the purchase of a durable good than to postpone the purchase of a nondurable good, so the demand for the durable goods is more unstable than the demand for nondurable goods.

Question

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Durable goods, such as appliances and cars, have a longer lifespan, allowing consumers to delay purchases during economic downturns or uncertainty, leading to more fluctuating demand. In contrast, nondurable goods like food and hygiene products are consumed more regularly and cannot be easily postponed, resulting in more stable demand.

Consumers Find It Easier to Postpone the Purchase of a Durable