Goods That Are Typically Expensive and Consumed Over Long Periods

question 42

Multiple Choice

Goods that are typically expensive and consumed over long periods of time are known as _____.

• A) degradable goods
• B) convenience goods
• C) perishable goods
• D) durable goods

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Definitions:

IP

Internet Protocol, a set of rules governing the format of data sent over the internet or other networks.

Static Address

A permanent Internet Protocol (IP) address assigned to a computer or device in a network, in contrast to a dynamically assigned IP address.

Dynamic Address

A changing IP address assigned by an internet service provider to a device each time it connects to the internet.

IP Address

A unique string of numbers separated by periods that identifies each device using the Internet Protocol to communicate over a network.