Which of the Following Statements Is True of Industrial Markets

question 77

Multiple Choice

Which of the following statements is true of industrial markets?

• A) Demand in industrial markets is nonvolatile by nature.
• B) Industrial markets are unaffected by derived demand.
• C) Industrial sellers tend to have small numbers of customers upon which they are more dependent.
• D) Sales of industrial goods are stable and do not fluctuate.
• E) Professional buyers in industrial markets tend to undertake dissimilar investment actions to achieve the same goal.

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Definitions:

Payroll Tax

Levies placed on employers and employees, often determined as a fraction of the payroll expenses employers incur for their staff.

Workers' Compensation Insurance

Insurance that provides medical benefits and wage replacement to employees injured in the course of employment.

Payroll Amounts

The total sum of money an employer is obligated to pay its employees for a set period or on a given date.

Federal Unemployment Tax Rate

The rate at which employers are taxed to contribute to the United States’ federal unemployment funding.