Which of the following is an example of an ultimate consumer?
A)A newspaper reporter who buys a plane ticket to Washington, D.C., to cover the presidential inauguration
B)A school teacher who bought a ticket to the 2010 Winter Olympics opening ceremonies in Vancouver, Canada
C)An office receptionist who renews the magazines that are found in the office waiting room
D)A retailer who buys poster board to make signs for an upcoming store sale
E)A landscaping firm employee who buys a new wheelbarrow to use to haul mulch at a new job site

Question

Quizplus · Accepted Answer

An ultimate consumer is the end user of a product or service, and typically purchases for personal use or consumption. In this case, the school teacher who bought a ticket to the Winter Olympics opening ceremonies is an example of an ultimate consumer as they are purchasing the ticket for their own personal enjoyment and not for any business purposes. The other options involve purchases made for business or professional purposes, and therefore do not qualify as ultimate consumers.

Which of the Following Is an Example of an Ultimate