Question

Justify the following statement:

Wholesaler sells goods in large quantities.

Answer 1

1. A wholesaler buys large quantities from the manufacturer and sells them to the retailers according to their orders.
2. The wholesaler has to take risks in the process of distribution.
3. Wholesalers buy goods from manufacturers and sell them to retailers, so the wholesaler is the buyer and the seller.
4. A Wholesaler deals with one or a few types of goods.
5. A Wholesaler sells the goods to the retailers as per their requirements.
6. A wholesaler maintains price stability by balancing supply and demand factors.
7. Thus, wholesalers sell goods in large quantities.