Which of the following is the BEST example of a nondurable good?Group of answer choicesbasketballshoesgasolineBicyclee-reader
Question
Which of the following is the BEST example of a nondurable good?
- basketball
- shoes
- gasoline
- Bicycle
- e-reader
Solution
To determine which of the provided options is the best example of a nondurable good, we must first understand the definition of nondurable goods. Nondurable goods are items that are not meant to last long and are typically consumed or used up quickly. They generally have a lifespan of less than three years and are often perishable or consumed entirely upon usage.
-
Basketballs: While they can wear out over time, they are meant to last through multiple uses before being considered "used up."
-
Shoes: Typically durable goods as they are designed to last for a significant period before needing replacement.
-
Gasoline: This is a clear example of a nondurable good, as it is consumed quickly and has no long-term durability.
-
Bicycle: Generally considered a durable good since it is designed for long use and can last several years.
-
E-reader: An electronic device that is also considered a durable good, as it is meant for long-term use.
Conclusion
Among the options provided, gasoline is the best example of a nondurable good, as it is consumed immediately upon use and has no lasting durability.
Similar Questions
Which of the following is the BEST example of a nondurable good?Group of answer choicesbasketballshoesgasolineBicyclee-reader
Which one of the following is an example of a collective good?Group of answer choicesa barbecuea fireworks displaya public roada bookstore
Which of the following is not scarce?Group of answer choicesToxic WasteEducationMoneyFood
Which of the following are ways of captivating readers?(select all that apply; there is more than one correct answer)
Which one is an example of conformity?Group of answer choicesSocially expected behaviorResistingDissenterNone of the above
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.