🎧 New: AI-Generated Podcasts Turn your study notes into engaging audio conversations. Learn more

What are the three categories of consumer products?

Understand the Problem

The question is asking for the classification of consumer products into three distinct categories. This involves understanding the different types of consumer products that exist in the market.

Answer

Durable goods, nondurable goods, and service goods.

The three categories of consumer products are durable goods, nondurable goods, and service goods.

Answer for screen readers

The three categories of consumer products are durable goods, nondurable goods, and service goods.

More Information

Durable goods are items with a long lifespan like appliances, nondurable goods are consumed quickly like food, and service goods refer to services like haircuts.

Thank you for voting!
Use Quizgecko on...
Browser
Browser