Which of the Following Is NOT an Example of an Organizational

question 32

Multiple Choice

Which of the following is NOT an example of an organizational buyer?

• A)a government buyer purchasing a new desk for the mayor's office
• B)a woman buying cookware to sell to her friends and neighbors
• C)a sales rep buying a new necktie to make a good impression
• D)a wholesaler buying a delivery truck

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Definitions:

Transitivity

Transitivity in decision making refers to the consistency among choices, where if option A is preferred over B and B over C, then A should be preferred over C.

Indifference Curves

Graphical representations used in microeconomics to show different combinations of two goods that give a consumer equal satisfaction and utility.

Marginal Rate

Marginal Rate often refers to the additional cost or benefit associated with a slight increase in production or activity, influencing decisions in finance and economics.

Convex

A shape or function where a line segment between any two points on its boundary or graph lies above or on the shape or graph.