durable good
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Durable good — A car is a durable good. The gasoline that powers it is a non 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 … Wikipedia
Good (economics) — Types of goods in economics. In economics, a good is something that is intended to satisfy some wants or needs of a consumer and thus has economic utility. It is normally used in the plural form goods to denote tangible commodities such as… … Wikipedia
durable — 1. adjective able to resist wear, decay; lasting; enduring; Syn: permanent Ant: weak, transitory 2 … Wiktionary
good — 1 adj bet·ter, best 1: commercially sound or reliable a good risk 2 a: valid or effectual under the law b: free of defects 3 a: characterized by honesty and fairness b: conforming to a standard of vi … Law dictionary
durable goods — see good 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Inferior good — Good Y is a normal good since the amount purchased increases from Y1 to Y2 as the budget constraint shifts from BC1 to the higher income BC2. Good X is an inferior good since the amount bought decreases from X1 to X2 as income increases. In… … Wikipedia
Good Feet Store — The Good Feet Store was the first and is still the leader in its market segment, franchised Foot Care stores. Previously the domain of small private podiatrists and a small section in the local drug store, since the late 1990s, this has grown… … Wikipedia
durable — dur|a|ble [ˈdjuərəbəl US ˈdur ] adj [Date: 1300 1400; : Old French; Origin: Latin durare to continue in existence ] 1.) staying in good condition for a long time, even if used a lot = ↑hardwearing ▪ Wood is a durable material. 2.) continuing for… … Dictionary of contemporary English
durable — du|ra|ble [ durəbl ] adjective 1. ) able to stay in good condition for a long time and after being used a lot: durable high quality steel 2. ) continuing to exist or work for a long time, even if the situation changes: Finding a durable solution… … Usage of the words and phrases in modern English
durable — adjective 1 staying in good condition for a long time even if used a lot: Plastic window frames are more durable than wood. 2 continuing for a long time: a durable peace between France and Germany see also: consumer durables durably adverb… … Longman dictionary of contemporary English
