________ markets consist of individuals and households that buy goods and services for personal use.
A) Consumer
B) Business
C) Government
D) Wholesaler
E) Retailer

Question

Quizplus · Accepted Answer

Consumer markets refer to the individuals and households that buy goods and services for their personal use. This includes products such as food, clothing, electronics, personal care items, etc. The other options, such as business markets, government markets, wholesaler markets and retailer markets, refer to different types of markets where buying and selling of goods and services take place for different purposes.

________ Markets Consist of Individuals and Households That Buy Goods