Motorola buys silicone, which is used in its chip-making process. Motorola produces microchips for use within a wide variety of products for other firms, such as Ford, GM, and Samsung. Motorola is a buyer in a(n) ____ market.
A) producer
B) government
C) reseller
D) construction
E) institutional

Question

Quizplus · Accepted Answer

Motorola is purchasing silicone to produce microchips, which are components used in the manufacturing of products for other companies. This activity places Motorola in the producer market, as it is buying raw materials (silicone) to produce goods (microchips) for other businesses.

Motorola Buys Silicone, Which Is Used in Its Chip-Making Process