Examlex
What are organic, or carbon-containing, essential nutrients that are vital to life but needed only in relatively minute amounts?
Durables
Products or goods with a long life span, such as cars, appliances, and furniture, as opposed to consumables that are used up quickly.
Nondurables
Goods with a short life span and typically consumed in a short period after purchase, such as food, beverages, and paper products.
Services
Activities, benefits, or satisfactions that are offered for sale that are essentially intangible and do not result in the ownership of anything.
Murray Weidenbaum
An American economist known for his contributions to public policy, environmental economics, and as a key economic advisor during the Reagan administration.
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