ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Examples of consumer durables include appliances such as washers, dryers, refrigerators, and air conditioners; tools; computers, televisions, and other electronics; jewelry; cars and trucks; and home and office furnishings.

Detailed explanation-2: -Examples of consumer durable goods include bicycles, books, household goods (home appliances, consumer electronics, furniture, tools, etc.), sports equipment, jewelry, medical equipment, and toys.

Detailed explanation-3: -Common examples of consumer durable goods are automobiles, furniture, household appliances, and mobile homes. (See also capital.) Consumer nondurable goods are purchased for immediate or almost immediate consumption and have a life span ranging from minutes to three years.

Detailed explanation-4: -In this EPA analysis, the durable goods category includes large and small appliances, furniture and furnishings, carpets and rugs, rubber tires, lead-acid automotive batteries, consumer electronics, and other miscellaneous durable goods such as luggage, sporting goods and household goods.