economics

economics
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  • One day my friend and I went to the store. Since she is a teacher, she likes to make everything educational. 
  • Things that you buy are called goods. The two types of goods are consumable and durable. 
  • Whats the difference?
  • ohh. 
  • When you buy a good that you expect to last a while is called a durable good. For example, this coat is a durable good. 
  • It is a durable good because you expect it to last you a long time. 
  • An example of a consumable good is food. The food will not last as long as the coat. 
  • Consumable goods are used faster than durable goods. 
  • When then finished our shopping trip. It was very fun. 
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