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Why is a wholesale trader necessary

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Why is a wholesale trader necessary

    • Posted by Saurav Das 4 years, 4 months ago

    CBSE > Class 07 > Social Science
    • 1 answers

    Yogita Ingle 4 years, 4 months ago

    Whole seller traders are necessary because they buy large amount of goods or products from the producers/manufactures and sell them to the retailers and the consumers at the lower price.
    Retailers can earn better profits by buying products from the wholesalers and selling these products to the consumers.
    The price of whole selling products always lowers than maximum retail price (M.R.P) which means capacity of earning or making profit by selling these same goods to the consumers.

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