Merchants That Are Primarily Engaged in Buying, Taking Title To

question 25

Multiple Choice

Merchants that are primarily engaged in buying, taking title to, usually storing and physically handling goods in large quantities, and reselling the goods to retailers or to industrial or business users are called

• A) retailers.
• B) logistics companies.
• C) wholesalers.
• D) vendors.

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Definitions:

Income

The money received, typically on a regular basis, for work or through investments.

Units of Y

A term often used in economics and mathematics to denote a measure or quantity of a variable, typically represented on the vertical axis in graphs.

Units of X

A measure or quantity of something, especially as a standard for measurement of the same items.

Income

The money received by an individual or business in exchange for labor, services, or investment, constituting the financial gain derived from various sources over a period of time.