Companies that purchase goods for further processing is an example of

  • A a consumer market
  • B an industrial market
  • C a reseller market
  • D a government market

The correct answer is B. an industrial market

In an industrial market, goods are often bought for use in the production of other products or in the operation of a business.

These goods are then either used to manufacture other products or are resold to other businesses.

This is different from a consumer market where goods are bought for personal use.

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