Asked by
Justin Cadeau
on Dec 15, 2024
Verified
A nondurable good is
A) an item consumed in one or a few uses.
B) an item that usually lasts over an extended number of uses.
C) an item that lasts at least one year without becoming obsolete.
D) a product purchased only for the use of ultimate consumers.
E) a product used in the production of other products.
Nondurable Good
A product that is consumed or has a short life span, typically less than three years, such as food, fuel, or paper products.
- Differentiate between goods that are durable versus those that are not.
Verified Answer
DB
Learning Objectives
- Differentiate between goods that are durable versus those that are not.