3. durable goods, nondurable goods, and services
economists look at any situation in terms of its component parts: the people making decisions, the environment in which they're making those decisions, and the goods or services being exchanged. for example, think about a wedding celebration. which of the following wedding-related items are nondurable goods? check all that apply.
a. a wedding ring
b. an engagement ring
c. the food at the reception
d. flowers for a wedding reception