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Question
The retail market is the market where the retailer sells goods directly to the ______ in small quantities.
Options
Producer
Wholesaler
Consumer
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Solution
The retail market is the market where the retailer sells goods directly to the consumer in small quantities.
Explanation:
In a retail transaction, the seller sells consumers only a limited quantity of the items they require. A retail store is a type of retail business that focuses primarily on retail sales volume. In simple terms, retailing’s purpose is to enable a person or business to sell goods to end users.
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