{"id":264878,"date":"2025-07-21T16:47:31","date_gmt":"2025-07-21T16:47:31","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=264878"},"modified":"2025-07-21T16:47:40","modified_gmt":"2025-07-21T16:47:40","slug":"which-of-the-following-is-considered-a-durable-good","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2025\/07\/21\/which-of-the-following-is-considered-a-durable-good\/","title":{"rendered":"Which of the following is considered a durable good"},"content":{"rendered":"\n<p>Which of the following is considered a durable good? <\/p>\n\n\n\n<p> A. medical care <\/p>\n\n\n\n<p>B. food <\/p>\n\n\n\n<p>C. clothing <\/p>\n\n\n\n<p> D. a washing machine<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-ast-global-color-6-color\">The correct answer and explanation is:<\/mark><\/strong><\/p>\n\n\n\n<p>The correct answer is <strong>D. a washing machine<\/strong>.<\/p>\n\n\n\n<p>A durable good is defined as a product that is intended to last for a long time, typically three years or more. Durable goods are not consumed or used up quickly and can be repaired or maintained to extend their lifespan. A washing machine is a prime example of a durable good because it is designed to function over an extended period, usually several years, before it needs to be replaced.<\/p>\n\n\n\n<p>In contrast, other items listed are not durable goods:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>A. Medical care<\/strong>: This is a service, not a physical product, and services are not considered durable goods. While healthcare services can have long-lasting effects on a person&#8217;s well-being, they are not durable goods because they are consumed over time.<\/li>\n\n\n\n<li><strong>B. Food<\/strong>: Food is considered a consumable good, not a durable one. Consumables are products that are used up relatively quickly and are replaced often. Food, being perishable, falls into this category.<\/li>\n\n\n\n<li><strong>C. Clothing<\/strong>: While clothing can last a long time, it is generally not classified as a durable good. Clothing is typically considered a semi-durable good because it can wear out with repeated use, although some high-quality clothing can last longer.<\/li>\n<\/ul>\n\n\n\n<p>Durable goods like washing machines are key to economic measurements such as GDP because their purchase reflects consumer confidence and long-term spending. Consumers tend to purchase durable goods when they feel financially secure since these items require a significant investment. Unlike consumable goods, which are purchased more regularly, durable goods are purchased less frequently but represent a larger commitment in terms of both money and the length of their useful life.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Which of the following is considered a durable good? A. medical care B. food C. clothing D. a washing machine The correct answer and explanation is: The correct answer is D. a washing machine. A durable good is defined as a product that is intended to last for a long time, typically three years or [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-264878","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/264878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=264878"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/264878\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=264878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=264878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=264878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}