Mike's Roadside Market buys produce from area farmers, marks the merchandise at a price that includes some profit, and then sells the fruit and vegetables to the people in and around Centerville. Mike's would be classified as part of a ____ market.

Question

Quizplus · Accepted Answer

Mike's Roadside Market buys produce from farmers and sells it to consumers after marking up the merchandise. This classifies them as a reseller market.

Mike's Roadside Market Buys Produce from Area Farmers, Marks the Merchandise