Durable goods: Difference between revisions

From Rise: The Vieneo Province

(New page: A '''durable good''' or a hard good is a good which does not quickly wear out, or more specifically, it yields services or utility over time rather than being completely used up when used ...)
 
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A '''durable good''' or a hard good is a good which does not quickly wear out, or more specifically, it yields services or utility over time rather than being completely used up when used once. Most goods are therefore durable goods to a certain degree. Perfectly durable goods never wear out. An example of a durable good might be a [[:Category:Vehicles|vehicle]]. As a counter-example, [[Iagreous]] Fuel, once expended, can not be reused.
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[[Category:Economics]]

Latest revision as of 13:48, 27 August 2008