An example of a defensive industry is
A) the automobile industry.
B) the tobacco industry.
C) the food industry.
D) the automobile industry and the tobacco industry.
E) -the tobacco industry and the food industry.

Question

Quizplus · Accepted Answer

Consumer durables, such as automobiles, are highly cyclical as purchases can be delayed until good times. Necessities, low-ticket items, and addictive products are purchased in good times and bad.

An Example of a Defensive Industry Is