Soft drinks and facial tissues are examples of _____.
A) public goods
B) nondurable goods
C) luxury goods
D) enduring goods

Question

Quizplus · Accepted Answer

Soft drinks and facial tissues are both examples of nondurable goods, meaning they are consumed or used up relatively quickly compared to durable goods (e.g. furniture, appliances) which have a longer lifespan. Nondurable goods are also sometimes referred to as consumable goods. Public goods (A) are goods that are non-excludable and non-rivalrous, meaning they are available to all and consumption by one person does not diminish access to others. Luxury goods (C) are goods that are not essential but often desired for their status or prestige value. Enduring goods (D) is not a common term used in economics, though it could potentially refer to durable goods or goods that have a long-lasting impact.

Soft Drinks and Facial Tissues Are Examples of _____