English

What is the meaning of Durable Goods? - Economics

Advertisements
Advertisements

Question

What is the meaning of Durable Goods?

Very Short Answer
Advertisements

Solution

Durable goods are goods that do not wear out quickly and can be used repeatedly over a long period. They have a longer life span and do not need to be purchased frequently.

Examples: Cars, furniture, appliances, and computers.

shaalaa.com
  Is there an error in this question or solution?
Chapter 13: Price Output Under Perfect Competition - TEST QUESTIONS [Page 13.18]

APPEARS IN

R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 13 Price Output Under Perfect Competition
TEST QUESTIONS | Q A. 11. | Page 13.18
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×