Which of the Following Is True of Business Markets

question 96

Multiple Choice

Which of the following is true of business markets?

• A) The business marketer normally deals with far more but far smaller buyers than the consumer marketer does.
• B) Business markets generally involve far less money and items than do consumer markets.
• C) Business demand is derived demand as it ultimately derives from the demand for consumer goods.
• D) A small percentage decrease in consumer demand can cause a large increase in business demand.
• E) The total demand for business products is much affected by price changes in the short run.

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