Social Sciences, asked by monikakuchhal, 5 months ago

Explain why the retail price of a product is higher than the whole sale price

Answers

Answered by MrsJeon01

Answer:

Retail price is higher than wholesale price because wholesalers buy very large quantities and retail sales are for fewer units, due to which this difference in price is the profit for the wholesaler.

ʜᴇʀᴇ ɪs ᴜʀ ᴀɴsᴡᴇʀ ʜᴏᴘᴇ ɪᴛ ᴡɪʟʟ ʜᴇʟᴘ ᴜ

Answered by Anonymous

Answer:

Retail price is higher than wholesale price because wholesalers buy very large quantities and retail sales are for fewer units, due to which this difference in price is the profit for the wholesaler.

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Explain why the retail price of a product is higher than the whole sale price ​

Answers

Retail price is higher than wholesale price because wholesalers buy very large quantities and retail sales are for fewer units, due to which this difference in price is the profit for the wholesaler.

Explain why the retail price of a product is higher than the whole sale price