Which of the following is considered a durable consumer good?

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Multiple Choice

Which of the following is considered a durable consumer good?

Explanation:
A durable consumer good is defined as a product that does not wear out quickly and provides utility over time, typically lasting three years or more. These goods are often more expensive and require a greater investment from consumers, frequently serving a long-term purpose. A television fits this definition perfectly, as it is designed for long-term use, providing entertainment and information over an extended period. It is built to withstand regular usage, making it a classic example of a durable consumer good. In contrast, the other options, such as bread, toothpaste, and paper towels, are categorized as non-durable goods. They are typically consumed quickly or have a shorter lifespan. Bread has a limited shelf life, toothpaste is used up relatively fast, and paper towels are disposable, serving a very short-term purpose before being discarded.

A durable consumer good is defined as a product that does not wear out quickly and provides utility over time, typically lasting three years or more. These goods are often more expensive and require a greater investment from consumers, frequently serving a long-term purpose.

A television fits this definition perfectly, as it is designed for long-term use, providing entertainment and information over an extended period. It is built to withstand regular usage, making it a classic example of a durable consumer good.

In contrast, the other options, such as bread, toothpaste, and paper towels, are categorized as non-durable goods. They are typically consumed quickly or have a shorter lifespan. Bread has a limited shelf life, toothpaste is used up relatively fast, and paper towels are disposable, serving a very short-term purpose before being discarded.

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