Which of the following is one of the features of capital goods?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. They are durable.
One of the key features of capital goods is that they are durable. Capital goods are man-made products used in the production of other goods and services, such as machinery, tools, and equipment. These goods are not consumed directly by consumers but are used to produce consumer goods. Their durability allows them to be used repeatedly over time in the production process. This long-term utility distinguishes them from consumer goods, which are intended for immediate consumption and are often perishable.