In the context of business products, which of the following statements is true of major equipment?

Question

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Major equipment refers to large and expensive machines that are used in production, such as turbines or assembly lines. It is often custom designed for each customer according to their specific requirements, making it a significant investment for businesses. Unlike accessory equipment, major equipment is not typically marketed by local industrial distributors and is sold through a longer distribution channel due to its high cost and specialized nature. Major equipment is also designed to be durable and long-lasting, unlike accessory equipment which is less expensive and shorter-lived.

In the Context of Business Products, Which of the Following