Economics · Macroeconomics
Which of the following is NOT a characteristic of durable goods?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1They have a relatively long life.
- 2They are meant for repetitive and frequent short-term purchases.✓
- 3They are not extinguished by immediate consumption.
- 4They are capable of repetitive use.
Correct answer
They are meant for repetitive and frequent short-term purchases.
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