Question : Which of these is not a characteristic of durable goods?
Option 1: They are capable of repetitive use.
Option 2: They are not extinguished by immediate consumption.
Option 3: They are meant for repetitive purchases.
Option 4: They have a relatively long life.
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Correct Answer: They are meant for repetitive purchases.
Solution : The correct option is They are meant for repetitive purchases .
The statement "They are meant for repetitive purchases" is not a characteristic of durable goods. Durable goods are products that have a long lifespan and are not meant to be consumed quickly. They are designed to last for an extended period and are not usually purchased repeatedly in a short period.
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