An example of durable goods isa)Coalb)Fanc)Milkd)PepsiCorrect answer is option 'B'. Can you explain this answer?

Question

Answer

B) because it is used for many years and these three are. uses maximum 2-3 days

Answer

B fan bcoz it's long lasting i.e. it can be used for longer period of time...

Answer

It is a fixed asset so,i t can be used for longer period of time..

Answer

It is a fixed asset as it could be used for longer span of time.

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The correct answer is fan because fan is useful to us for a long time... but coal milk and Pepsi is useful only for a couple of days....

Answer

Durable Goods:
- Durable goods are products that have a long lifespan and are used over an extended period of time.
- These goods are tangible and can withstand repeated use or consumption.
- Examples of durable goods include appliances, furniture, vehicles, electronics, and machinery.
- Durable goods are typically more expensive and are meant to last for several years.
- They are often considered investments as they provide long-term value to the consumer.
- Durable goods can be used for personal or business purposes.
- They are typically purchased less frequently compared to non-durable goods.
- Durable goods contribute to the economy by generating revenue and creating jobs in manufacturing and related industries.
Example of Durable Goods:
- Fan: A fan is a durable good as it is a mechanical appliance that is designed to provide cooling and air circulation. It is built to last for several years and can be used repeatedly.
- Other examples of durable goods include refrigerators, washing machines, cars, laptops, and power tools.
Conclusion:
Durable goods are long-lasting products that provide value over an extended period of time. Examples of durable goods include fans, appliances, vehicles, and electronics. These goods are built to withstand repeated use and contribute to the economy by generating revenue and creating jobs.

Answer

Explanation:

Durable Goods
Durable goods are products that have a long lifespan and are used over an extended period. These goods are not consumed immediately and can be used multiple times.

Example of Durable Goods

Fan
A fan is an example of a durable good because it can be used for a long period of time. Fans are designed to last for many years and provide cooling or ventilation in a home or office setting. Fans are not consumed like perishable goods such as food or beverages, making them a durable good.

Conclusion
In conclusion, a fan is an example of a durable good because it has a long lifespan and can be used repeatedly over time. Other examples of durable goods include furniture, appliances, and electronics. These products are typically more expensive than non-durable goods and are designed to provide long-lasting utility to consumers.

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