Question

is immediate goods are durable in nature?​

Answer 1

Answer:

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. Items like bricks could be considered perfectly durable goods because they should theoretically never wear out. Highly durable goods such as refrigerators or cars usually continue to be useful for three or more years of use,[1] so durable goods are typically characterized by long periods between successive purchases.

Explanation:

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