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WAEC Marketing 2024 Question 12

Question 12

Markets

Which of the following buyers of products are classified as consumer market?

  1. A.Industries.
  2. B.Retailers.
  3. C.Households.
  4. D.Governments.
Show the answer and explanation

Answer: C (Households.)

Explanation

Households buy for personal use, so they form the consumer market.