A durable good
A) has a life span of more than 3 years.
B) is used up within 3 years.
C) applies only to services.
D) is an intangible commodity.

Name: A durable good A) has a life span of more than 3 years. B) is used up within 3 years. C) applies only to services. D) is an intangible commodity.
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Question

Quizplus · Accepted Answer

A durable good is a good that has a life span of more than 3 years, meaning it can be used for an extended period of time. Examples of durable goods include cars, furniture, and appliances.

A Durable Good