Compounding effectively raises the cost of short-term credit

Which of the following is most likely categorized as a business market?

A) government agencies that buy goods and services to produce public services B) individuals who buy goods and services for personal consumption C) firms that buy goods and services for further processing D) firms that buy goods and services to resell for profit E) retail outlets that buy goods and services to sell at discounted prices

Demand in B2B markets is mostly ________ because what a firm sells is often just one of the many parts or materials that go into producing the consumer product

A) elastic B) static C) fixed D) inelastic E) fluctuating