Full-Service,specialty-Line Wholesalers That Own and Maintain Displays in Discount Stores

question 161

Multiple Choice

Full-service,specialty-line wholesalers that own and maintain displays in discount stores and supermarkets are called

• A) specialty-line wholesalers.
• B) full-service stockers.
• C) in-store maintainers.
• D) assemblers.
• E) rack jobbers.

---

Definitions:

Average Total Cost

The total cost of production divided by the quantity of output produced.

Economies of Scale

Enterprises achieve cost benefits from their operation size, resulting in a reduction of cost per output unit as the scale expands.

Average Variable Cost

The total variable costs divided by the quantity of output produced; it fluctuates with production volume.

Line Segment AB

A part of a line that is bounded by two distinct end points, A and B, and contains every point on the line between A and B.