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Question
Justify the following statement:
Wholesaler maintains price stability.
Short/Brief Note
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Solution
(I) A wholesaler is both a buyer and a seller.
(II) He is in a position to maintain price stability by balancing supply and demand factors.
(III) By supplying regular goods to the retailer, he solves the risk of shortage and price fluctuation is reduced.
(IV) Thus, wholesaler maintains price stability.
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