👉 Nonconsumable is a concept in economics and accounting that refers to a good or service that cannot be consumed, used, or exchanged once it has been produced. It can refer to various types of goods such as food, housing, clothing, technology, etc., which are not available for consumption after they are produced. The term "nonconsumable" is often used in the context of scarcity and scarcity effects. When a good or service is nonconsumable, it means that there is a limited