Question

Describe the function of wholesalers?

Answer 1

this is an important function of wholesaler. A wholesaler usually buys goods on cash from the producers and sells on credit to the retailer. In this way, he provides financing facilities to trade transactions. The wholesaler bears all the trade and financial risks of the business

Answer 2

Wholesaler provides the minimum price for the product for eg -:

If a product is of 20 rupees he will less it and make it around d 17 rupees.