An Operator of Which of the Following Establishments Is NOT

question 97

Multiple Choice

An operator of which of the following establishments is NOT a retailer?

• A) A catering service specializing in weddings.
• B) A computer firm selling software to households via the Internet.
• C) A student going door-to-door selling magazine subscriptions.
• D) A corporate property management firm.
• E) An ice cream shop in the student union.

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Definitions:

Income

Financial returns, especially continual, from work or investing activities.

Price of X

The amount of money required to purchase a product or service named X.

Consumption of Y

Represents the amount or volume of good Y that is utilized or consumed over a period.

Utility Function

A mathematical representation that ranks an individual's preferences for various goods and services, aiming to measure their level of satisfaction.