Multiple Choice
Which of the following is true of business markets?
A) The business marketer normally deals with far more but far smaller buyers than the consumer marketer does.
B) Business markets involve far less money and items than do consumer markets.
C) Business demand is derived demand as it ultimately derives from the demand for consumer goods.
D) A small percentage decrease in consumer demand can cause large increases in business demand.
E) The total demand for business products is much affected by price changes in the short and long run.
Correct Answer:

Verified
Correct Answer:
Verified
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