ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Washing machine
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Kleenex
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dish soap
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gasoline
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Detailed explanation-1: -The correct answer is a new washing machine. Because durable goods are not for immediate Consumption and able to kept for period of time.
Detailed explanation-2: -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-3: -A classic example of a durable good is an appliance like an oven or automobile.
Detailed explanation-4: -A smart phone, if kept at one place, would not perish and hence is a durable good.
Detailed explanation-5: -Is shampoo a durable good? Shampoo runs out as you use it, and it typically runs out within 90 days. Therefore, it is a nondurable good.