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Demand in Industrial Markets Differs from Demand in Consumer Markets

Question 25

Multiple Choice

Demand in industrial markets differs from demand in consumer markets in that:


A) the demand for industrial goods is more volatile than the demand for consumer goods.
B) the market for industrial goods is smaller than the market for consumer goods.
C) the industrial goods market is less competitive than the consumer goods market.
D) industrial products are always more expensive than consumer products.
E) industrial products use the same level of technology for all products making it appropriate for all countries.

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