Question

Darren King owns a small printing company and uses reams of print paper every month. When he goes to the wholesaler to pick up his normal paper supply, he also sees that the supplier is selling remnants of colored construction paper. Darren purchases the colored construction paper for his children to use for school projects and to make art.
Select the two statements below that correctly describe Darren's purchases.
a. The colored construction paper from the wholesaler is a business product because it was purchased from a wholesaler.
b. The supply of print paper from the wholesaler is a business product because Darren uses it to provide a service that he sells.
c. The supply of print paper from the wholesaler is a consumer product because Darren is the ultimate consumer of the product.
d. The supply of print paper from the wholesaler is a business product because Darren is a business owner.
e. The colored construction paper from the wholesaler is a consumer product because Darren's family will use it for personal projects.

Answer 1

Answer:

b. The supply of print paper from the wholesaler is a business product because Darren uses it to provide a service that he sells.

e. The colored construction paper from the wholesaler is a consumer product because Darren's family will use it for personal projects.

Explanation:

In the given question:

Darren King makes two kinds of purchases:

1. Normal paper supply, that is the reams of print paper for the printing company. This is typically for the business purpose and regular in nature.

2. Remnants of colored construction paper, this is purchased by Darren King for his children who are studying in school for their projects.

The first is for the sole business purpose, whereas the second construction paper is for school project of children.