Consider the real estate industry. The ________ for this industry includes construction companies, financing institutions, paint manufacturers, interior decorators, furniture manufacturers, and plumbing industries.

Question

Quizplus · Accepted Answer

The term "metamarket" refers to a group of complementary products and services that are closely related in the minds of consumers because they work together to satisfy a particular need. In the case of the real estate industry, the construction companies, financing institutions, paint manufacturers, interior decorators, furniture manufacturers, and plumbing industries all provide products and services that are closely related and work together to satisfy the need for housing. Therefore, the best choice for this question is D) metamarket.

Consider the Real Estate Industry