WAEC Marketing 2025 Theory — Question 2

Model answer

1. Noodles are produced for final consumption while the printer is used for producing other goods. 2. Noodles are consumable goods while printers are durable goods. 3. Demand for noodles is higher than that of printers. 4. A specialist is needed to purchase a printer, while no specialist is needed to purchase noodles. 5. Demand is inelastic for the printer while demand is elastic for noodles. 6. Buying the printer involved careful selection of a supplier, while the noodles brand was chosen based on label information. 7. The amount spent per unit on noodles is small, while that spent on the printer is large.