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  • Economic Good

Consumer Good

A consumer good is any item that can be purchased by consumers. These goods are often categorized as either short-lived, like food, or long-lived, which are also known as consumer durables. Clothing is another common example of a consumer good.

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6 months ago

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Gemini AI
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References

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CORE Econ

Economics

Social Science

Empirical Science

Science

Economy

Introduction to Microeconomics Course

The Economy 2.0 Microeconomics @ CORE Econ

Ch.3 Doing the best you can: Scarcity, wellbeing, and working hours - The Economy 2.0 Microeconomics @ CORE Econ

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