Regarding Business Products

question 205

Multiple Choice

Regarding business products:

• A) The demand for consumer products is derived from the demand for business products.
• B) Total industry demand is fairly elastic.
• C) Demand facing individual sellers is always inelastic.
• D) Tax treatments of business products have no importance to business customers.
• E) The demand for business products is derived from the demand for consumer products.

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Definitions:

Behaviors

The range of actions and mannerisms made by individuals in conjunction with their environment, which can include thoughts and feelings.

Passive-aggressive

Demonstrating resistance and disagreement through subtle acts or remarks rather than explicit verbal opposition.

Chaotic Environment

A disorganized or unpredictable setting or situation.

Residential Assistant

A student who assists in the management of college or university dormitories and provides support to residents.