which-of-the-following-statements-correctly-classifies-goods-based-on-their-expe

Question

Which of the following statements correctly classifies goods based on their expected lifespan?

Accepted Answer

Shoes are non-durable goods because they typically last less than 3 years.

Answer

Food is a durable good because it lasts more than 3 years.

Answer

A washing machine is a non-durable good because it lasts less than 3 years.

Answer

A car is a non-durable good because it lasts less than 3 years.