Which of These Statements Is Not True About Business Markets

question 62

Multiple Choice

Which of these statements is not true about business markets?

• A) The purchase may be made to resell the item
• B) The purchase is always made by more than one individual
• C) The purchase may be made to use in general daily operations
• D) The purchase may be made to use in production of another product
• E) They can also be referred to as organizational markets

---

Definitions:

Large Grocery Store

A substantial retail establishment that sells food and other household goods, often part of a chain or franchise.

Private Health Insurance

A program in which each member of a large pool of individuals pays a fixed amount to a private company that agrees to pay most of the medical expenses of the pool’s members.

Medical Expenses

Costs incurred by individuals for medical care, including payments for treatments, procedures, medications, or hospital stays.

Medical Costs

Expenses incurred for prevention, diagnosis, treatment, and recovery from physical or mental health conditions.