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WAEC Marketing 2017 Question 4

Question 4

Product

Products that are purchased for use in the production, of goods for resale are

  1. A.specialty goods.
  2. B.industrial goods.
  3. C.consumer goods.
  4. D.unsought goods.
Show the answer and explanation

Answer: B (industrial goods.)

Explanation

Goods bought to help produce other goods are industrial goods.