What is the basis for determining whether pencils are consumer products or business products?
A) the purpose for which the pencils are purchased
B) the number of pencils that are purchased
C) where the pencils are purchased from
D) the total price paid for the number of pencils

Question

Quizplus · Accepted Answer

The classification of pencils as consumer products or business products is based on the purpose for which they are purchased. If they are bought for personal use, they are considered consumer products. If purchased for use in a business or organizational setting, they are classified as business products.

What Is the Basis for Determining Whether Pencils Are Consumer