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Economics miscellaneous

  1. Which of the following are consumer semi-durable goods ?
    1. Cars and television sets
    2. Milk and Milk products
    3. Foodgrains and other food products
    4. Electrical appliance like fans and electric irons.
Correct Option: C

Goods which are neither indestructible nor lasting are defined as Semi Durable Goods. They fall in the category between Durable Goods and Non Durable Goods. Some common Semi Durable Goods are clothing or preserved foods; vehicles and electronic home appliances are classified as Durable Goods.



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