What are cansumer good? write their types
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There are three main types of consumer goods: durable goods, nondurable goods, and services. Durable goods are consumer goods that have a long-life span (e.g. 3+ years) and are used over time. Examples include bicycles and refrigerators. Nondurable goods are consumed in less than three years and have short lifespans.
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Consumer nondurable goods are purchased for immediate or almost immediate consumption and have a life span ranging from minutes to three years.
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