Which of the Following Statements About the Structure of the Business

question 71

Multiple Choice

Which of the following statements about the structure of the business market is true?

• A) Business buyer demand is derived from final consumer demand.
• B) Demand in business markets fluctuates more and more quickly.
• C) Business markets contain fewer but larger buyers/customers.
• D) Demand in many business markets is more inelastic.
• E) all of the above

---

Definitions:

Conversion

An unauthorized act that deprives an owner of personal property without their consent.

Trespass to Land

An unauthorized intrusion by a person onto land that is possessed by another, constituting a private nuisance or offense.

Airspace

The space above the earth's surface that is available for aircraft to fly in, which is regulated by both national and international laws.

Serious Interference

A significant disruption or hindrance to someone's rights, property, or personal affairs, often used in the context of legal disputes.