Because Corning produces durable goods,the demand for their goods

Question

Quizplus · Accepted Answer

Corning produces durable goods, such as glassware and ceramics, which are nonessential goods that consumers tend to purchase when they have discretionary income. As such, the demand for Corning's goods tends to follow the business cycle, declining during economic downturns when consumers have less income to spend, and increasing during economic expansions when incomes are rising. Therefore, Option D is the correct answer.

Because Corning Produces Durable Goods,the Demand for Their Goods