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WAEC Marketing 2024 Question 10

Question 10

Product

Lubricants purchased by a firm and used up in their cause of operations are classified as

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

Answer: B (industrial products.)

Explanation

Supplies such as lubricants used in a firm's operations are industrial products.