Which of the Following Is Not a Characteristic of a Consumer

question 51

Multiple Choice

Which of the following is not a characteristic of a consumer market?

• A) it consists of purchasers who intend to consume or benefit from the purchased products
• B) they do not buy products for the main purpose of making a profit
• C) they are sometimes referred to as B2C markets
• D) their purchasing decisions are always made by only one individual
• E) each of us belongs to numerous markets of this type

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Definitions:

Toxic Assets

Financial assets whose value has dropped significantly and are difficult to sell, often because the risk of default is higher than originally anticipated.

Subprime Mortgage

A type of home loan provided to individuals with poor credit histories, which carries a higher risk of default and higher interest rates.

2008 Financial Crisis

A global financial downturn triggered by the collapse of the housing bubble in the United States, leading to widespread economic contraction, failures of major banks and financial institutions, and significant government interventions.

Housing Bubble

A situation in real estate markets characterized by high demand, low supply, and inflated prices that eventually lead to a sharp decline.