Which of the following describes individuals that want goods and services for personal consumption and have the resources to buy them?

Question

Quizplus · Accepted Answer

The consumer market consists of individuals who want goods and services for personal consumption and have the financial resources to buy them. Market segmentation refers to dividing the market into smaller groups with similar needs or characteristics. Secondary market refers to a market where securities are bought and sold after their initial issuance. Public and private markets refer to the types of markets where buyers and sellers come together to trade assets such as stocks, bonds, or commodities.

Which of the Following Describes Individuals That Want Goods and Services