Consider the chain of production from OLEDs (organic light-emitting diodes) to smartphones. How does the chain illustrate that not all buyers are consumers?
A) The sellers in the OLED market are OLED manufacturers.
B) The buyers in the OLED market are smartphone manufacturers.
C) The sellers in the smartphone market are smartphone manufacturers.
D) The buyers in the smartphone market are consumers.

Question

Quizplus · Accepted Answer

The buyers in the OLED market are smartphone manufacturers, illustrating that not all buyers are end consumers. In this case, the smartphone manufacturers purchase OLEDs to use in their products, not for personal use.

Consider the Chain of Production from OLEDs (Organic Light-Emitting Diodes)