A Durable Good Is Defined as

question 253

Multiple Choice

A durable good is defined as

• 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.

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