Which of the Following Bargain Retailers Generate Large Sales Volume

question 38

Multiple Choice

Which of the following bargain retailers generate large sales volume by offering a wide variety of new products at substantial price reductions?

• A) discount houses
• B) catalog showrooms
• C) second-hand stores
• D) factory outlets
• E) direct-response bargain marketing

---

Definitions:

Government

The organization, machinery, or agency through which a political unit exercises authority and performs functions and which is usually classified as democratic, authoritarian, etc.

Excise Tax

Excise tax is a type of tax charged on specific goods, services, and activities, such as alcohol, tobacco, and fuel, usually to discourage their use or generate revenue.

Consumers' Burden

The part of the incidence of a tax borne by consumers, often reflected in higher prices or reduced consumption of taxed goods.

Efficiency Loss

The reduction in economic productivity that happens when the balance for a product or service is either not attained or unattainable.