Consumer Durables
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Consumer Durables
In economics, a durable good or a hard good or consumer durable is a good that does not quickly wear out or, more specifically, one that yields utility over time rather than being completely consumed in one use. Items like bricks could be considered perfectly durable goods because they should theoretically never wear out. Highly durable goods such as refrigerators or cars usually continue to be useful for several years of use, so durable goods are typically characterized by long periods between successive purchases. Durable goods are known to form an imperative part of economic production. This can be exemplified from the fact that personal expenditures on durables exceeded the total value of $800 billion in 2000. In the year 2000 itself, durable goods production composed of approximately 60 percent of aggregate production within the manufacturing sector in the United States. Examples of consumer durable goods include bicycles, books, household goods (home appliances, consumer ...
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Omega Av
Omega (; capital letter, capital: Ω, lower case, lowercase: ω; Ancient Greek ὦ, later ὦ μέγα, Modern Greek ωμέγα) is the twenty-fourth and final letter in the Greek alphabet. In the Greek numerals, Greek numeric system/isopsephy (gematria), it has a value of 800. The word literally means "great O" (''ō mega'', mega meaning "great"), as opposed to omicron, which means "little O" (''o mikron'', micron meaning "little"). In Phonetics, phonetic terms, the Ancient Greek Ω represented a vowel length, long open-mid back rounded vowel , comparable to the "aw" of the English language, English word ''raw'' in dialects without the cot–caught merger, in contrast to omicron which represented the close-mid back rounded vowel , and the digraph (orthography), digraph ''ου'' which represented the vowel length, long close-mid back rounded vowel . In Modern Greek, both omega and omicron represent the mid back rounded vowel or . The letter omega is transliteration, ...
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