Which of the Following Is Considered a Consumer Nondurable

question 118

Multiple Choice

Which of the following is considered a consumer nondurable?

• A)An automobile
• B)Medical care
• C)Furniture
• D)Gasoline and oil

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Definitions:

Product Life Cycles

The stages a product goes through from conception and introduction to the market to growth, maturity, and eventual decline.

Focus Forecasting

Forecasting that tries a variety of computer models and selects the best one for a particular application.

Computer Models

Simulations or algorithms created within a computer that represent or predict real-world systems, behaviors, or outcomes.

Capital Expenditures

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.