3. Profits are not equally distributed in the market. Explain this statement.
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Answer:
Profits are not equally distributed in the market as the producers get the least amount of money and the retailers get the maximum profit. The producers are the least at profit and the retailers get the maximum profit.
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Explanation:
This is mainly because the producers sell the goods at low price and the amount of price continuously increases as the goods reach the wholesalers, retailers and the consumer. The producers are the least at profit and the retailers get the maximum profit
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