How could mercantile company make profit?
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Mercantile trading companies in those days made profit primarily by excluding competition, so that they could buy cheap and sell dear. ... Mercantile – A business enterprise that makes profit primarily through trade, buying goods cheap and selling them at higher prices 2020-21 Page 3 11 goods.
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Mercantile trading companies in those days made profit primarily by excluding competition, so that they could buy cheap and sell dear. ... Mercantile – A business enterprise that makes profit primarily through trade, buying goods cheap and selling them at higher prices 2020-21 Page 3 11 goods.
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