Eighteen-year-old students do not form a market for alcoholic beverages because they
A) lack sufficient buying power to form a market.
B) lack the authority to purchase this type of product.
C) do not want to purchase this type of product.
D) do not have sufficient experience with this type of product.
E) lack the money to purchase this type of product.

Question

Quizplus · Accepted Answer

The legal drinking age in most countries is 18 or older, meaning that 18-year-old students lack the authority to purchase alcoholic beverages. Therefore, they cannot form a market for these products, regardless of their buying power, willingness, or experience.

Eighteen-Year-Old Students Do Not Form a Market for Alcoholic Beverages