A ________ Is a Cluster of Complementary Products and Services

question 45

Multiple Choice

A ________ is a cluster of complementary products and services that are closely related in the minds of consumers but are spread across a diverse set of industries.

• A) metamarket
• B) vertically integrated market
• C) horizontally integrated market
• D) marketspace
• E) synchronized market

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Definitions:

Secondary Effects

Unintended consequences of economic actions, which can be positive or negative and occur as indirect results.

Economic Actions

Measures and decisions taken by individuals, firms, or governments that affect the allocation of resources and distribution of goods and services in an economy.

College Graduates

Individuals who have completed a degree program at a college or university.

Quantitative Disciplines

Fields of study that focus on the use of mathematical models and statistical techniques to analyze data and solve problems.