Which of the Following Statements Is True of Manufacturers

question 82

Multiple Choice

Which of the following statements is true of manufacturers?

• A) They are marketing intermediaries that resell a product without much significant alteration.
• B) They are usually producers of their own good and services.
• C) Wholesalers,retailers,and distributors are all classic examples of manufacturers.
• D) In business-to-consumer markets,manufacturers buy finished goods for their own personal consumption.
• E) Institutions such as hospitals,educational organizations,and nonprofit organizations are manufacturing houses that engage in large purchases of goods and services.

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Definitions:

Federal Reserve

The central banking system of the United States, responsible for monetary policy, regulating banks, and ensuring financial system stability.

High-Quality Corporations

Companies known for their strong financial health, stability, product quality, and reliable customer service.

National Debt

The total amount of money that a country's government has borrowed, by various means.

Loanable Funds

The total amount of capital available for borrowing, often used in the context of the market for loans.