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Consumer products that get used up are given which name?
AThey are called consumer nondurables
BThey are called consumer durables
CThey are called specialty products
DThey are called capital products
Answer & Solution
Correct answer: A. They are called consumer nondurables
1. Consumer products are those bought by the end user.
2. Those that get used up, such as shampoo or potato chips, are consumer nondurables.
3. Those that last a long time, such as washing machines or computers, are consumer durables.
4. Specialty products are defined by buying effort and capital products are bought by businesses.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 11 "Creating Products and Pricing Strategies to Meet Customers' Needs", section 11.6 What Is a Product?_
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