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Which of the Following Best Describes the Broad Concept of a Market

Question 1

Multiple Choice

Which of the following best describes the broad concept of a market?


A) A group of customers with heterogeneous needs and wants.
B) A group of customers with homogenous needs and wants.
C) The business-to-consumer market.
D) The business-to- business market.
E) None of the options listed.

Correct Answer:

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