Multiple Choice
What factor increases the volatility in demand in industrial markets?
A) Professional buyers in the industrial market tend to act in concert.
B) The demand for industrial goods is independent of changes in economic development.
C) Small, noncyclical swings in demand are inherent in industrial markets.
D) Experienced purchasers tend to make buying decisions independently.
E) The demand for industrial goods is highly inelastic.
Correct Answer:
Verified
Correct Answer:
Verified
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