Which of the Following Is NOT One of the Main

question 45

Multiple Choice

Which of the following is NOT one of the main types of off-price retailers?

• A) independents
• B) factory outlets
• C) warehouse clubs
• D) category killers
• E) membership warehouses

---

Definitions:

Positive Profit

Positive Profit occurs when the total revenue of a business exceeds its total costs.

Total Revenue

Total Revenue refers to the total receipts from sales of goods or services by a firm over a specified period.

Variable Costs

refer to expenses that change in proportion to the activity of a business, such as costs for raw materials or production volume.

Fixed Costs

Costs that do not change with the level of output produced, such as rent or salaries.