One of the Distinguishing Characteristics of Business Markets Is That

question 51

Short Answer

One of the distinguishing characteristics of business markets is that there is a smaller number of larger buyers that account for most of the purchases.This distinguishing characteristic is called _________.​

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Definitions:

Declaring War

The formal announcement by a sovereign or governmental authority that a state of war exists between it and another entity.

Congress

The legislative body of the United States government, composed of the House of Representatives and the Senate, responsible for making federal laws.

Military Expenditures

The total financial resources allocated by a government for the maintenance and operations of its armed forces.

United States

A country located primarily in North America, comprising 50 states and a federal district, known for its significant global economic and political influence.