_________ is defined as an item consumed in one or a few uses.
A) durable good
B) convenience good
C) specialty good
D) shopping good
E) nondurable good

Question

Quizplus · Accepted Answer

Nondurable goods are items that are consumed in one or a few uses, such as food, cleaning products, and toiletries. Durable goods, on the other hand, are items that are expected to last for a longer period of time, such as electronics, furniture, and vehicles. Convenience goods are items that consumers purchase frequently and with minimal effort, such as snacks or magazines, while specialty goods are unique or high-end items that consumers are willing to pay extra for, such as luxury cars or designer clothing. Shopping goods are items that consumers research and compare before making a purchase decision, such as appliances or furniture.

_________ Is Defined as an Item Consumed in One or a Few