Which of the following best defines durable products?

Durable products are characterized by their long-lasting nature and are generally more expensive. These products are designed for repeated use over an extended period and are typically purchased less frequently compared to nondurable goods. Examples include appliances, vehicles, and furniture.

The correct answer highlights these key attributes of durable products, which helps to distinguish them from other product types. Unlike goods that sell quickly like food or those that are consumed in just a few uses, durable products remain in possession for a long time and are often considered significant investments due to their higher price points.

The aspect of being infrequently purchased is also important, as consumers often spend considerable time evaluating their options before making such significant purchases, balancing their budget against the benefits and longevity of the product. This further cements the understanding of durable products as items that are intended to serve longer through repeated use rather than being disposable or consumed rapidly.