ECONOMICS (CBSE/UGC NET)

ECONOMICS

GDP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of these items is not a durable good?
A
house
B
car
C
lawn mower
D
gasoline
Explanation: 

Detailed explanation-1: -Explanation: No, Petrol is not durable good.

Detailed explanation-2: -Consumer nondurable goods are purchased for immediate or almost immediate consumption and have a life span ranging from minutes to three years. Common examples of these are food, beverages, clothing, shoes, and gasoline.

Detailed explanation-3: -Pizzas, sweets and ice-creams are examples of non-durable goods.

Detailed explanation-4: -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-5: -Food. Laundry detergent. Dish soap. Light bulbs. Paper products like paper plates. Clothing. 12-Oct-2022

There is 1 question to complete.