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A car is a durable good. The gasoline that powers it is a non-durable (or consumable) good. In economics, a durable good or a hard good or consumer durable is a good that does not quickly wear out or, more specifically, one that yields utility over time rather than being completely consumed in one use.
Final good. A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike an intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good. When used in measures of national income and output, the term "final goods" includes only ...
Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...
Finally, durable goods are important because the indicator sheds light on so many different segments of the economy, including tech, transportation, manufacturing, machinery, residential and ...
As the name implies, durable goods refer to merchandise that's built to last. You know that old lawn mower that amazes you every time it starts? Or that dryer you can't believe is still kicking?
Household goods are a significant part of a country's economy, with their purchase the topic of magazines such as Consumer Reports, their relocation handled by moving companies, and their disposal or redistribution facilitated by companies like Goodwill Industries, services like classified advertising and Craigslist, and events such as garage ...
Tim Boyle/Bloomberg via Getty Images By Lucia Mutikani WASHINGTON -- Orders for long-lasting U.S. manufactured goods rose more than expected in March and a measure of business capital spending ...
Wholesale marketing of food. In the fruits and vegetables sector of the Rungis International Market, France. The consumption and production of marketed food are spatially separated. Production is primarily in rural areas while consumption is mainly in urban areas. Agricultural marketing is the process that overcomes this separation, allowing ...