Question

what do mean by durability and tangibility ? Explain its classification​

Answer 1

On the basis of Durability and Tangibility:

Non-Durable Goods – These represent the tangible goods that are consumed in one or few uses. Example – Soap, Salt, coke etc. ii. Durable Goods – Tangible goods that go on or survive many uses. Example – Refrigerator, Clothing, television etc.

Answer 2

Answer:

On the basis of Durability and Tangibility:

Non-Durable Goods – These represent the tangible goods that are consumed in one or few uses. Example – Soap, Salt, coke etc. ii. Durable Goods – Tangible goods that go on or survive many uses. Example – Refrigerator, Clothing, television etc.

Explanation:

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