function of a wholesaler.?
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Answer:
A wholesaler arranges for the transport of goods from producers to his warehouse and from the warehouse to retailers.
He carries goods in bulk thereby saving costs of transport. Many wholesalers maintain their own trucks and tempos to carry goods far and wide quickly.
Thus, a wholesaler adds place utility to the goods.
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Explanation:
Wholesaler performs the functions of collection and storage of goods, distribution, financing and risk taking. Retailers are the middlemen who buy goods from wholesalers or producers and sell them to consumers. They deal in goods in small quantities.
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