Question: What answer below describes a durable good? product used in the production of other products. item that usually lasts over many uses. product purchased only

What answer below describes a durable good?
product used in the production of other products.
item that usually lasts over many uses.
product purchased only for the use of ultimate consumers.
item consumed in one or a few uses.
item that lasts at least one year without becoming obsolete.
What answer below describes a durable good? product used in the

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

You are the audit senior responsible for preliminary planning of E2BHi Inc. for the year ended December 31, 2020. E2BHi Inc., located in Mississauga Ontario, manufactures and distributes edible...

Q:

Each separate response must have approximately 200 words. Assignments vary widely; however, essays should be written in APA style, with in-text citations and a separate reference listing as...

Q:

chapter 6 \" International Management It was once said that the sun never set on the British Empire. Today, the sun does set on the British Empire, but not on the scores of global empires, including...

Q:

Chapter 7:7.2 #2 (p. 168) Chapter 8:8.2 #3 (p. 205) Chapter 9:9.2 #1 (p. 225) a., b., and c. (for c., only answer the adjustable rate mortgage part Chapter 7 from Personal Finance was adapted by The...

Q:

Learning Objectives (1 of 2) By the end of this chapter you should be able to: Explain the concept and importance of operations management. Explain the differences between goods and services....

Q:

Hi Tutor, Please find the attached document. I think you can choose the company for Coca-Cola, because the company information is everywhere. Page 0 of 42 Your Name Here Your Company Name Here Annual...

Q:

1. What answer below describes a prototype? digital version of a product produced in multiple shapes, colors, and sizes to determine which version of the product customers like best. full-scale...

Q:

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Q:

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Q:

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Q:

1.Aggregating prospective buyers into groups that have common needs and will respond similarly to a marketing action is called A.consumer differentiation. B.psychographics. C.market segmentation....

Q:

You need to write a reflective paper about the following situation: Three goals I hope to achieve in completing my field work are. To learn to manage and ensure that all employees perform their...

Q:

One gram of fat has 9 calories. If you know the number of fat grams in a particular food, you can use the following formula to calculate the number of calories that come from fat in that food:...

Q:

With respect to the incorporation of a business earning less than $ 5 0 0 , 0 0 0 of ABI, which of the following statements is correct? Option A Incorporation will be beneficial because it will...

Q:

Bond X is noncallable and has 20 years to maturity, a 9% annual coupon, and a $1,000 par value. Your required return on Bond X is 12%; if you buy it, you plan to hold it for 5 years. You (and the...