Which Person Is an Example of an Ultimate Consumer

question 153

Multiple Choice

Which person is an example of an ultimate consumer?

• A) a newspaper reporter who books a plane ticket to Washington, D.C., to cover the presidential inauguration
• B) a schoolteacher who got her hair cut at a salon prior to classes starting in the fall
• C) an office receptionist who renews the subscriptions for magazines that are found in the office waiting room
• D) a retailer who buys banners for an upcoming store sale
• E) a landscaping firm employee who buys a new wheelbarrow to haul mulch

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Definitions:

Print Advertising

The process of promoting products or services through printed mediums such as newspapers, magazines, flyers, or billboards.

Net Sales

The amount of sales generated by a company after deducting returns, allowances for damaged or missing goods, and discounts.

Allocated

The process of distributing resources or costs among various accounts or departments based on a specific criteria or formula.

Indirect Expenses

Costs that are not directly linked to a specific product or service but are necessary for the general operation of a business, such as administration and marketing expenses.