Questions: When buyers from Chipotle purchase organic meat and vegetables, they are part of the market.
Transcript text: When buyers from Chipotle purchase organic meat and vegetables, they are part of the $\qquad$ market.
Solution
The answer is D: industrial market.
Explanation for each option:
A. Government: This option is incorrect because the government market involves purchases made by government agencies and institutions for public use, not for resale or production purposes.
B. Institutional: This option is incorrect because the institutional market includes entities such as schools, hospitals, and non-profit organizations that buy goods and services for their own use, not for resale or production.
C. Reseller: This option is incorrect because the reseller market consists of businesses that purchase goods to resell them to other businesses or consumers. Chipotle is not reselling the organic meat and vegetables; they are using them to produce their own food products.
D. Industrial: This option is correct because the industrial market includes businesses that purchase goods and services to produce other goods and services. Chipotle buys organic meat and vegetables to use as ingredients in their food products, which they then sell to consumers.