Resellers Are Business Intermediaries Who Buy Finished Goods and Resell

question 29

Multiple Choice

Resellers are business intermediaries who buy finished goods and resell them for a profit. Their business model dictates that they consider several factors when deciding which products to buy. Which of the following is a factor the reseller considers when making purchase decisions?

• A) The sales tax that must be charged on the product
• B) The number of substitutes for the product
• C) The availability of financing programs for purchasing the product
• D) How the product fits within the product mix of the reseller's other products
• E) The perishability of the product

Appreciate the role of government, consumption, investment, and net exports in composing GDP.

Understand the significance of the GDP deflator and its role in distinguishing between nominal and real GDP.

Analyze the impact of economic events and policies on GDP growth and well-being.

Be aware of current trends and shifts in global economies, with a focus on trillion-dollar economies.

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Section 33

Often referred to as the "notwithstanding clause," it allows Canadian federal or provincial governments to pass laws that temporarily override certain sections of the Charter of Rights and Freedoms.

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