Use the following information to answer this question OJ Ltd is a bakery that produces...

WAEC 2025

Use the following information to answer this question
OJ Ltd is a bakery that produces bread and confectioneries while Ernest Super Market buys its products.
OJ Ltd is an example of

A. a consumer market
B. an industrial market
C. a government market
D. a reseller market

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Correct Answer: Option B

Explanation

An industrial market consists of all businesses or organizations that purchase products for use in the production of other goods or
in their daily operations. Since Ernest Super Market buys its products, OJ Ltd is an example of an industrial market.

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