MyBroadbandâs IT salary survey revealed that the average IT salary (basic salary only) in South Africa is R31,738 per month.
Consumer good. Written By: Consumer good, in economics, any tangible commodity produced and subsequently purchased to satisfy the current wants and perceived needs of the buyer. Consumer goods are divided into three categories: durable goods, nondurable goods, and services. Consumer durable goods have a significant life span, often three years or more (although some authorities classify goods with life spans of as little as one year as durable).
Consumption (C). The consumption of goods and services falls under one of the following categories: 1  Durable goods-The consumption of durable goods is considered similar to a consumer investment. 2  Durable goods are purchased with the intention of keeping them for a sustained duration of time.