Which of the Following Is an Example of a Durable

question 9

Multiple Choice

Which of the following is an example of a durable good?

• A) food cooked at home
• B) food eaten at a restaurant
• C) gasoline
• D) binoculars
• E) motor oil

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Definitions:

Strategic Moves

Actions taken by a company to enhance its competitive position within the market.

Product Life Cycle

The series of stages a product goes through from introduction to growth, maturity, and decline as it exists in the market.

Marketing Strategies

Comprehensive plans formulated to achieve specific marketing objectives, such as increasing brand awareness, generating sales, or entering new markets.

Changing Tastes

Variations or shifts in consumer preferences and desires over time, which can affect market demand.