Question

​Seth, an administrative manager at Seal Inc., is asked to purchase ten printers for the firm's office. He contacts a sales representative at Myro Distributors and places an order for ten printers. Myro Distributors purchases the printers from Ink Corp., a wholesaler, and delivers them to Seth at his office. In this scenario, Myro Distributors is most likely to be a(n) __________.a. producer
b. retailer
c. institution
d. manufacturer

Answer 1

Answer:

Myro Distributors is a Retailer.

Explanation:

Now, looking at this answer, lets filter out the rest of the options.

A is clearly not correct as the question it self doesn't say anything about Myro producing the goods.

C is somewhat a vague, general answer. Institution? What kind of an institution?

We can't accept D as well. No information in the question lead us to conclude that Myro is a manufacturer.

B on the other hand is a perfect fit. The question itself says that Myro is purchasing from a "Wholesaler".

Retailers purchase goods from wholesalers and sells the products to the final customers at a profit. The key difference between Wholesalers and Retailers is that Wholesalers are not selling to the final customers of a product while retailers sell the product to the final customer. Both are middle men.

In this Scenario, Ink Corp sold the goods to Myro and Myro sold it to Seth right? Now Seth is not selling the printers to anyone, which makes him the final consumer/customer of the product.