A ________ is a cluster of complementary products and services that are closely related in the minds of consumers but are spread across a diverse set of industries

A) metamarket
B) vertically integrated market
C) horizontally integrated market
D) marketspace
E) synchronized market

A

Business

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Indifference to loss because of the presence of insurance is called moral hazard.

a. true b. false

Business

The maximum number of customers who can enter the market given a specific served market definition is known as ________

A) market penetration B) market potential C) rate of entry D) current market demand E) market diversification

Business