True or false. The B2B (business-to-business) market has slightly less total sales as compared to the consumer market.

The statement that the B2B (business-to-business) market has slightly less total sales compared to the consumer market is false. In reality, the B2B market typically surpasses the consumer market in terms of total sales volume. This is primarily because businesses often engage in larger transactions, buying in bulk for production and operational needs, which can lead to higher overall sales figures. B2B transactions involve significant quantities of goods and services that directly support various industries, giving the B2B market a larger total sales revenue compared to B2C (business-to-consumer) transactions, which generally involve smaller purchases per transaction. The scale and nature of B2B transactions contribute to a significant overall contribution to the economy, which contrasts with the often smaller, individual consumer purchases characteristic of the consumer market.