A durable good is
A) an item consumed in one or a few uses.
B) an item that usually lasts over many 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.

Question

Quizplus · Accepted Answer

A durable good is defined as an item that usually lasts over many uses, typically over a period of time, such as appliances, cars, and furniture.

A Durable Good Is