ECONOMICS
SUPPLY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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people/company that sells every good to the public and businesses in equal amounts
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person that sells goods in small quantities to businesses rather than to the general public
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company that sells goods in large quantities to the general public instead of businesses
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person/company that sells goods in large quantities to businesses rather than to the general public
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Detailed explanation-1: -A wholesaler is a person or business that sells items to retail stores that will then sell them to individual customers for a higher price. You could also call a wholesaler a distributer. Anyone who sells goods to other businesses, rather than directly to customers, is a wholesaler.
Detailed explanation-2: -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.
Detailed explanation-3: -Wholesalers are “middlemen.” Wholesaling is the selling of merchandise to anyone-person or organization-other than the end consumer of that merchandise. Wholesalers represent one of the links in the chain along which most goods pass on their way to the marketplace.
Detailed explanation-4: -The correct option is C wholesaler. A wholesaler buys products from producers in bulk and sells it in large quantities to traders. Most agricultural goods like grains and pulses are sold directly to wholesale merchants.
Detailed explanation-5: -In simple words, a wholesaler buys the product in bulk from the manufacturer and sell it to the retailer, who then sells it to the end-users. Wholesaler’s main aim is to sell goods to businesses or retailers and they sell it further.