wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Why are durable goods intermediate goods?


Open in App
Solution

Durable goods are those products that are used repeatedly over a period of time. The life of these products is high and the price paid to possess these products are also high. Non-consumable goods like television, microwave, refrigerators all fall under the category of durable goods.

Also see:


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
What Are Markets?
CIVICS
Watch in App
Join BYJU'S Learning Program
CrossIcon