Asked by
student Guadalupe Jacinto-Ramirez
on Dec 15, 2024Verified
Food products and fuel would be classified as
A) services.
B) perishable goods.
C) durable goods.
D) nondurable goods.
E) disposable goods.
Durable Goods
Products that are intended to last for a significant amount of time, such as appliances, cars, and furniture, as opposed to consumer goods which are consumed quickly.
Nondurable Goods
Products with a limited lifespan, intended for consumption or use over a short period, such as food or paper products.
- Pinpoint the differences that exist between durable goods and those that are nondurable.
Verified Answer
LW
Learning Objectives
- Pinpoint the differences that exist between durable goods and those that are nondurable.