Members of which type of market buy goods and services for further processing or for use in their production process?
A)business
B)reseller
C)wholesale
D)consumer
E)retail

Question

Quizplus · Accepted Answer

Businesses buy goods and services for their own production process or further processing, such as raw materials or equipment. Resellers buy goods and services to sell to others, while wholesalers typically sell to businesses and resellers. Consumers and retail markets refer to individuals purchasing goods for personal use.

Members of Which Type of Market Buy Goods and Services