INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Wholesale businesses are known as
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Distributors
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Middlemen
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Go-betweens
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All of the Above
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Explanation:
Detailed explanation-1: -Wholesale price is the price charged for a product as sold in bulk to large trade or distributor groups as opposed to what is charged to consumers. The wholesale price is the sum of a given product’s cost price plus the manufacturer’s profit margin.
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