객관식
According to the textbook, high-income countries are generally those countries that:
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0. Basic Principles of Economics
Introduction to Economics
객관식
Which term best describes an independent business that distributes goods and services produced by other businesses?
A
Consumer
B
Retailer
C
Producer
D
Wholesaler
검증된 단계별 안내1
Understand the definitions of the key terms: A 'Consumer' is an individual or entity that purchases goods or services for personal use; a 'Producer' is an entity that creates or manufactures goods or services; a 'Retailer' sells goods directly to the final consumer, usually in small quantities.
Recognize that the question asks for a business that distributes goods and services produced by other businesses, which implies it does not produce the goods itself but acts as an intermediary.
Identify that a 'Wholesaler' is an independent business that buys goods in large quantities from producers and sells them to retailers or other businesses, rather than directly to consumers.
Compare the roles: Since the business distributes goods produced by others and is independent, it fits the definition of a wholesaler rather than a consumer, retailer, or producer.
Conclude that the term 'Wholesaler' best describes the independent business distributing goods and services produced by other businesses.
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