Regarding business products,which of the following is true?
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.
Correct Answer:
Verified
Q318: Specialty products are consumer products that
A)have elastic
Q319: A $50 consumer product that is purchased
Q320: Unsought products
A)require wide distribution but little promotion.
B)are
Q321: Which of the following is NOT one
Q322: VoiceSys,Inc.produces voice mail switchboard systems used in
Q325: When the economy is sluggish,final consumers have
Q327: VoiceSys,Inc.produces voice mail switchboard systems used in
Q341: "Derived demand" is best illustrated by the
Q355: Consumer product classes are based on
A) the
Q357: The text's consumer product classes are based
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents