marsryan4195 marsryan4195
  • 17-03-2022
  • Business
contestada

In what way is the purchase of a washing machine an investment in a consumer durable rather than a consumption expense?.

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gamangdaniarfx gamangdaniarfx
  • 17-03-2022
So a washing machine is regarded as a consumer durables rather than a consumption because it’s going to render you services that that you don’t need to purchase very often as compared going to the laundromat . Owning washing machine comes with a cost such as detergent , wear and tear , electric usage and water usage but the it will save you a lot of cost therefore it is considered a consumer durable
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