An Entity That Buys Goods and Sells Them to Customers

question 22

Multiple Choice

An entity that buys goods and sells them to customers at a markup is a ________.

• A)merchandiser
• B)service provider
• C)manufacturer
• D)producer

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Definitions:

Field Experiment

An experimental research study conducted in a natural setting outside the laboratory to understand the impact of independent variables on a particular outcome.

Natural Experiment

An empirical study in which individuals are exposed to experimental and control conditions determined by nature or by other factors outside the investigators' control.

Sociological

Pertaining to sociology, which is the study of human society, its structures, dynamics, and cultural aspects.

Criteria For Validity

The standards or benchmarks that must be met to determine the accuracy, reliability, and legitimacy of a study, research findings, or argument.