An example of a durable good is
A) a candy bar purchased at a grocery store.
B) a refrigerator.
C) a three-year contract of an Internet service.
D) a bottle of old wine.

Question

Quizplus · Accepted Answer

A refrigerator is a durable good because it is a long-lasting item that is used repeatedly over a substantial period. It is built to last, and it typically has a lifespan of many years.

Answer: C
 A three-year contract of an Internet service could be considered a durable good because it represents a longer-term commitment than a one-time purchase. However, some may argue that it is not a physical item and therefore not a good.

An Example of a Durable Good Is