Durable Goods are goods that last for at least one month when used regularly.

Question 20 options:

True

False

i thing it would be true if not tell me

The correct answer is False

Explanation:

Durable goods refer to products that last for a long time before they need replacement, for example, cars, most appliances, and furniture are durable goods because they can last multiple years before you need to buy the product again. In general terms, a durable good is one that lasts at least three years even when used every day or mostly every day. These goods tend to have a higher price than non-durable products but due to their durability buying them has advantages. This implies it is false durable goods are those that last for at least one month because durable goods include products that last for many years rather than only one month.