Which of the following is a difference between durable and nondurable goods?
A) Unlike durable goods, nondurable goods are expensive.
B) Unlike durable goods, nondurable goods are long-lasting.
C) Unlike durable goods, nondurable goods do not pose major problems if they do not perform well.
D) Unlike durable goods, nondurable goods do not include consumptions such as services and experiences.

Question

Quizplus · Accepted Answer

The main difference between durable and nondurable goods is their lifespan. Durable goods are designed to last for a long time, typically three years or more, while nondurable goods are used up or consumed quickly, often in a single use or within a few months. Nondurable goods are typically less expensive than durable goods, and they may include consumables such as food, beverages, or toiletries. While both durable and nondurable goods can pose problems if they do not perform well, the impact of a non-performing nondurable good is typically less severe than that of a non-performing durable good.

Which of the Following Is a Difference Between Durable and Nondurable