A market in which sellers offer various, often diverse, ways of satisfying needs is called a _____ market.
A) product
B) diverse
C) general
D) service
E) generic

Name: A market in which sellers offer various, often diverse, ways of satisfying needs is called a _____ market. A) product B) diverse C) general D) service E) generic
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A generic market is one where sellers offer a variety of ways to satisfy the same need, focusing on the broader category of solutions rather than specific products or services.

A Market in Which Sellers Offer Various, Often Diverse, Ways