Which of the following are not examples of defensive industries?
A)Food producers.
B)Durable goods producers.
C)Pharmaceutical firms.
D)Public utilities.
E)B and C

Question

Quizplus · Accepted Answer

Durable goods producers are not typically considered defensive industries as their performance is more closely tied to consumer spending and economic conditions. Defensive industries are those that provide products or services that are considered essential, regardless of the state of the economy. This includes food producers, pharmaceutical firms, and public utilities, which all provide goods or services that are essential for daily life. Option E cannot be the correct answer as option C (pharmaceutical firms) is considered a defensive industry.

Which of the Following Are Not Examples of Defensive Industries