Which of the following is an example of a durable good?
A)food prepared at home
B)food eaten at a restaurant
C)high-fashion clothing
D)binoculars
E)motor oil

Question

Quizplus · Accepted Answer

Binoculars are a durable good because they are a long-lasting item that can be used repeatedly over time. Food (whether prepared at home or eaten at a restaurant) and motor oil are consumable goods that are meant to be used up and replaced over time. High-fashion clothing is a semi-durable good, as it may last longer than lower quality clothing but is still subject to wear and tear and changing fashion trends.

Which of the Following Is an Example of a Durable