The market for central air conditioning is primarily an industrial good in a developing country. It is primarily a consumer good in a(n)

Name: The market for central air conditioning is primarily an industrial good in a developing country. It is primarily a consumer good in a(n)
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Question

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In industrialized countries, central air conditioning is more commonly found in residential settings, making it a consumer good. This is due to higher average incomes and a greater focus on home comfort.

The Market for Central Air Conditioning Is Primarily an Industrial