retail refers to buying and selling in large quantities true or false
Attachments:
Answers
Answered by
0
Answer:
False. Retail refers to buying and selling in small quantity
Explanation:
Answered by
0
The given statement is false as retail refers to buying and selling in small quantities.
Explanation:
- The process of buying and selling goods in large quantities is known as wholesaling and it is done by wholesalers who store the products in warehouse facilities.
- Moreover, they sell the goods to the retailers in small quantities. The retailers sell them to the end consumers in small quantities perfect for individual consumption whenever demand arises in the market.
- Therefore, the given statement is false as it talks about wholesale not retail.
Similar questions