A market is a group of individuals or organizations, or both, that need products and have the ability, willingness, and authority to purchase them.

Which of the following is the name given to the market for intermediaries who buy finished products and sell them for a profit?

a. Government market
b. Reseller market
c. Consumer market
d. Industrial market

Question

21-07-2024
Business

Answered

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A market is a group of individuals or organizations, or both, that need products and have the ability, willingness, and authority to purchase them.

Which of the following is the name given to the market for intermediaries who buy finished products and sell them for a profit?

a. Government market
b. Reseller market
c. Consumer market
d. Industrial market

Sagot :

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Final answer:

The reseller market involves intermediaries buying finished products to sell for a profit to end consumers.

Explanation:

Reseller market is the name given to the market for intermediaries who buy finished products and sell them for a profit. In this market, resellers acquire products from manufacturers or wholesalers and then sell them to end consumers, adding value through distribution and marketing.

Learn more about Reseller market here:

https://brainly.com/question/14575870

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