Which of the following is an example of durable goods?

Question 1

Which of the following is an example of durable goods?
1. Packaged food
2. Automobiles
3. Toiletries
4. Books

Question 2

Correct Answer - Option 2 : Automobiles

The correct answer is Automobiles

Durables, also known as durable goods or consumer durables, is a category of consumer goods that do not wear out quickly, and therefore do not have to be purchased frequently.
They are a part of core retail sales data and are known as "durable goods" because they tend to last for at least three years.
Durable goods are intended to hold up through extended use, rather than being rapidly consumed.
A classic example of a durable good is an appliance like an oven or automobile.

ShreeHarpale · Answer 1 · 2022-03-02T16:25:19+0000

Correct Answer - Option 2 : Automobiles

The correct answer is Automobiles

Durables, also known as durable goods or consumer durables, is a category of consumer goods that do not wear out quickly, and therefore do not have to be purchased frequently.
They are a part of core retail sales data and are known as "durable goods" because they tend to last for at least three years.
Durable goods are intended to hold up through extended use, rather than being rapidly consumed.
A classic example of a durable good is an appliance like an oven or automobile.

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