Solved

A Market Is a Group of Individuals And/or Organizations That

Question 24

Multiple Choice

A market is a group of individuals and/or organizations that have needs for products in a given category and have the ability, willingness, and ____ to purchase such products.


A) utility
B) credit
C) desire
D) money
E) authority

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q19: What are the major forces in the

Q20: The income an individual receives from all

Q21: Organizations usually use only one method for

Q22: All of the following are parts of

Q23: Would personal income, disposable income, or discretionary

Q25: Dell Computers purchases most of its parts

Q26: The utility created by converting production inputs

Q27: A consumer usually will go through all

Q28: Southside Distributors in Los Angeles distributes beverages

Q29: In the 1920s, producers had to shift