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Durable good

Index Durable good

In economics, a durable good or a hard good 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. [1]

29 relations: Book, Brick, Car, Coase conjecture, Consumables, Consumer electronics, Consumption (economics), Cosmetics, Durability, Economics, Fast-moving consumer goods, Firearm, Furniture, Gasoline, Goods, Home appliance, Household goods, Industrial organization, Jewellery, Medical equipment, Pacman conjecture, Planned obsolescence, Putty-putty, Refrigerator, Sports equipment, Sustainable consumption, Tool, Toy, Utility.

Book

A book is a series of pages assembled for easy portability and reading, as well as the composition contained in it.

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Brick

A brick is building material used to make walls, pavements and other elements in masonry construction.

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Car

A car (or automobile) is a wheeled motor vehicle used for transportation.

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Coase conjecture

The Coase conjecture, developed first by Ronald Coase, is an argument in monopoly theory.

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Consumables

Consumables (also known as consumable goods, nondurable goods, or soft goods) are goods that are intended to be consumed.

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Consumer electronics

Consumer electronics or home electronics are electronic (analog or digital) equipments intended for everyday use, typically in private homes.

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Consumption (economics)

Consumption is the process in which consumers (customers or buyers) purchase items on the market.

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Cosmetics

Cosmetics are substances or products used to enhance or alter the appearance of the face or fragrance and texture of the body.

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Durability

Durability is the ability of a physical product to remain functional, without requiring excessive maintenance or repair, when faced with the challenges of normal operation over its design lifetime.

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Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services.

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Fast-moving consumer goods

Fast-moving consumer goods (FMCG) or consumer packaged goods (CPG) are products that are sold quickly and at relatively low cost.

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Firearm

A firearm is a portable gun (a barreled ranged weapon) that inflicts damage on targets by launching one or more projectiles driven by rapidly expanding high-pressure gas produced by exothermic combustion (deflagration) of propellant within an ammunition cartridge.

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Furniture

Furniture refers to movable objects intended to support various human activities such as seating (e.g., chairs, stools, and sofas), eating (tables), and sleeping (e.g., beds).

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Gasoline

Gasoline (American English), or petrol (British English), is a transparent, petroleum-derived liquid that is used primarily as a fuel in spark-ignited internal combustion engines.

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Goods

In economics, goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product.

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Home appliance

Home appliances are electrical/mechanical machines which accomplish some household functions, such as cooking, cleaning, or food preservation.

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Household goods

Household goods are goods and products used within households.

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Industrial organization

In economics, industrial organization or industrial economy is a field that builds on the theory of the firm by examining the structure of (and, therefore, the boundaries between) firms and markets.

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Jewellery

Jewellery (British English) or jewelry (American English)see American and British spelling differences consists of small decorative items worn for personal adornment, such as brooches, rings, necklaces, earrings, pendants, bracelets, and cufflinks.

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Medical equipment

Medical equipment (also known as armamentarium) is designed to aid in the diagnosis, monitoring or treatment of medical conditions.

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Pacman conjecture

The Pacman Conjecture holds that durable-goods monopolists have complete market power and so can exercise perfect price discrimination, thus extracting the total surplus.

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Planned obsolescence

Planned obsolescence, or built-in obsolescence, in industrial design and economics is a policy of planning or designing a product with an artificially limited useful life, so it will become obsolete (that is, unfashionable or no longer functional) after a certain period of time.

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Putty-putty

In economics, putty-putty describes an attribute of capital in financial models.

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Refrigerator

A refrigerator (colloquially fridge, or fridgefreezer in the UK) is a popular household appliance that consists of a thermally insulated compartment and a heat pump (mechanical, electronic or chemical) that transfers heat from the inside of the fridge to its external environment so that the inside of the fridge is cooled to a temperature below the ambient temperature of the room.

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Sports equipment

Sporting equipment, also called sporting goods, has various forms depending on the sport, but it is essential to complete the sport.

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Sustainable consumption

Sustainable consumption (SC) shares a number of common features with and is closely linked to the terms sustainable production and sustainable development.

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Tool

A tool is any physical item that can be used to achieve a goal, especially if the item is not consumed in the process.

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Toy

A toy is an item that is used in play, especially one designed for such use.

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Utility

Within economics the concept of utility is used to model worth or value, but its usage has evolved significantly over time.

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Redirects here:

Consumer durable, Consumer durables, Difference between hard goods, soft goods, and dry goods, Durable Good, Durable goods, Durables, Hard good, Hard goods.

References

[1] https://en.wikipedia.org/wiki/Durable_good

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