Question

Wholesaler is an important link between
(a) Producer and Wholesaler (b) Retailer and Consumer
(c) Producer and Consumer (d) Producer and Retailer

Answer 1

Explanation:

Option c

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Answer 2

A wholesaler is an important link between Producer and Retailer

Answer: Option d

Explanation:

Wholesalers provide innumerable functions to producers and retailers. But they are often criticized for increasing the prices of products by charging the commission for the important link that they provide. The distinction between the price at which goods are sold by manufacturers and the price at which these are purchased by retailers is taken by the wholesalers. Following are the point which suggests that wholesalers should not be eliminated.