Goods that are typically expensive and consumed over long periods of time are known as _____.
A) degradable goods
B) convenience goods
C) perishable goods
D) durable goods

Question

Quizplus · Accepted Answer

Durable goods are typically expensive items such as cars, furniture, and appliances that are designed to last for an extended period of time. They are often considered investments since they are consumed over a longer period and therefore require a higher initial investment.

Goods That Are Typically Expensive and Consumed Over Long Periods