For how long are long-lasting durable goods designed to last?
It depends on the goods proven history of durability. For instance, the normal "life" of a refrigerator for home use is 15 years. Advances in technology and energy efficiency make this product more effective if one replaces it every 15 years. It will work for much longer, but it is not cost effective to work the product longer than that.
A vehicle is designed to give good value for about 100,000 traveled miles. If it is maintained well, this can be as few as 3 years or as long as 12 years.
A home is usually the most permanent "durable goods" product. Structurally, this product will last over 200 years, given proper maintenance. But we all know of homes which are less than 30 years old that are uninhabitable.
For the most satisfaction in purchasing such goods, it pays to do the research to determine the length of time the product is supposed to work and which brands of the product actually deliver on the promise.
Durable goods tend to have a long useful life. For statistical purposes, a durable good is expected to last at least three years, according to the Economics and Statistics Administration. Goods consumed in a short time or that have useful lives of less than three years are classified as non-durable. The dividing line isn't always rigid. For example, people sometimes use a piece of clothing for more than three years.
Why does the business cycle affect output and employment in capital goods industries and consumer durable goods industries more severaly than in industries producing consumer nondurable?
Capital goods are durable and last longer than three years, like a car. Non-Durable goods are quickly used up, like toilet paper, and have a low elasticity of demand thus consumers will be consistently consuming nondurable goods which will need to be replaced often. Purchases of capital goods can be delayed, purchases of toilet paper can not.
What Is the Difference Between Durable Goods and Non-Durable Goods? by W D Adkins, Demand Media Consumers buy an enormous variety of products. Some are goods that will last for many years. Other items are consumed on the spot when we purchase them. To businesspeople and economists, these are known as durable and non-durable goods. The production of durable and non-durable goods is the basis for important measures of economic trends. Sponsored Link Government Vacancies…
Why does the business cycle affect output and employment in capital goods and consumer durable goods industries more severely than in industries producing nondurables?
because capital goods and durable goods last, purchases can be postponed. this may happen when recession is forecast. capital and durable goods industries therefore suffer large output declines during recessions. In contrast, consumers cannot long postponed the buying of nondurables such as food; therefore recessions only slightly reduce non-durable output. Also capital and durable good expenditures tend to be "lumpy." Usually, a large expenditure is needed to purchase them, and this shrinks to zero after…
The short answer it yes, it will work. However, solid latex stains are designed to penetrate the wood and to show the texture of the wood, while paints are more adhesive and designed to provide a protective thick film that does not necessarily show the texture of the wood any longer once it has dried. If you do mix the two, it will probably last a little longer than solid stain, but will not be…
There is really no way to make printer ink cartridges more durable. The only real problem with ink cartridges is that they often run low, and are sold for several times what it costs to make them. Buying more efficient cartridges and printers is the only way to make your cartridges more durable or last longer.