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Business Data Management · End Term · 13 Sept 2026 · May 2026 term · Set 1

BDM End Term 13 Sept 2026 — Question 13

Question 13

+2 marksOne correct option

Which of the following are characteristics of B2B markets?

  1. A

    They tend to be price elastic only

  2. B

    They tend to be price inelastic only

  3. C

    They tend to be both price elastic and inelastic, depending on the situation

  4. D

    They are neither price elastic nor inelastic

Show answer

Correct answer

  • C

    They tend to be both price elastic and inelastic, depending on the situation

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Question 13 of 43 in the IIT Madras BS Business Data Management (BDM) End Term paper sat on 13 Sept 2026, in the May 2026 term (Business Data Management 13 Sep 26 (Session 2)). It carries 2 marks.

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