Multiple Choice
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
Correct Answer:
Verified
Q48: Raw materials are short-lived capital items.
Q59: Packaging can add value to a market
Q74: The _ ultimately determines a product's quality
Q167: When comparing two similar products, the product
Q228: Nonrecognition of the brand name of a
Q229: Software applications can offer value-adding services to
Q231: Although a lot of data is produced
Q235: A product that becomes part of a
Q263: Business product classes are based on the
Q321: _ can help create brand recognition, but