Which of the Following Statements About Business Buying Is False

question 151

Multiple Choice

Which of the following statements about business buying is false?

• A) Business marketers prefer not to sell to customers who place small orders.
• B) Business marketers must often sell their products in large quantities to make profits.
• C) Most business purchases are made by committee.
• D) Business purchases are usually made on the basis of contracts.
• E) Orders in business markets tend to be smaller than those placed in consumer markets.

---

Definitions:

Consumer Surplus

The difference between what consumers are willing to pay for a good or service versus what they actually pay, representing a measure of consumer benefit.

Tariff

A tax imposed by a government on goods and services imported from other countries, used to control trade.

Restrictions

Rules or limitations placed on activities, movements, or trade to control or regulate actions.

World Price

The international market price at which goods are traded between countries; it plays a crucial role in determining local prices and trade policies.