
A fall in consumer demand for a product is likely to result in increased buying from suppliers as consumer goods producers replenish depleted inventories and gear up for the next surge in consumer demand.
Correct Answer:
Verified
Q120: Government markets, although complicated in their requirements,
Q121: For business products, the concept of inelasticity
Q122: Price is of concern to a business
Q123: In the long run, business demand becomes
Q124: Inspection refers to a purchasing method in
Q126: Of the three types of business purchases,
Q127: In industries in which price changes occur
Q128: A new-task purchase is one in which
Q129: When the major component of an item
Q130: The factors that influence business buying behavior
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents