It is most important to account for factors like warranties and durability when purchasing a.

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10-09-2022
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It is most important to account for factors like warranties and durability when purchasing a.

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QWCyan QWCyan · Answer 1 · 2022-09-13T16:56:14+02:00

It is more important to account for factors like durability and warranties when purchasing a durable product.

Durable products are those products that can be used for a very long time as they are expensive. So these goods do not wear out easily and yield utility over the years. These durable goods are also called consumer goods. These consumer goods have a life span of more than three years and are used repeatedly over time.

Some examples of durable goods are refrigerators and air conditioners. As these are very expensive they require a warranty while purchasing them. This warranty period itself can go up to two to three years and can later be extended also if required. It is very necessary for these goods to also have the durability factor as then only the customers will receive a value for their product.

Learn more about durable goods here

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