In business markets, the demand of business goods is more volatile than demand for consumer goods, is classified as_________?
Correct answer: A. fluctuating demand
- A. fluctuating demand
- B. stable demand
- C. unstable demand
- D. freeze demand
Explanation
Business demand is often called fluctuating or volatile demand because a small change in consumer demand can produce a much larger change in demand for industrial inputs. Stable and freeze demand do not describe this characteristic.
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