Which of the Following Statements About the Distinction Between Consumer

Multiple Choice

Which of the following statements about the distinction between consumer goods and B2B goods is the most accurate?

A) The same product can be classified as either a consumer good or an industrial good, depending upon its end use.
B) Industrial goods tend to have a useful life of several years and can be depreciated while consumer goods typically last less than a year.
C) Consumer goods are typically more expensive than industrial goods.
D) Industrial goods are custom-made to the specifications of the buyer, while the all consumer goods are mass-produced.