ECONOMICS

Detailed explanation-1: -Wholesale is the activity of buying and selling goods in large quantities and therefore at cheaper prices, usually to shopkeepers who then sell them to the public. Compare retail. [business]

Detailed explanation-2: -Wholesalers operate as middlemen between product manufacturers and retailers or other businesses. They make a profit by buying products in bulk at a discount and reselling them in smaller quantities at a higher price to individual retailers.

Detailed explanation-3: -Wholesaling is the act of buying goods in bulk from a manufacturer at a discounted price and selling to a retailer for a higher price, for them to repackage and in turn resell in smaller quantities at an even higher price to consumers.