Question

Why is a wholesale trader necessary?

Answer 1

A whole sale trader is necessary to sell mass number of products at lower rates.

Explanation:

• Whole seller traders are necessary because they buy large amount of goods or products from the producers/manufactures and sell them to the retailers and the consumers at the lower price.
• Retailers can earn better profits by buying products from the wholesalers and selling these products to the consumers.
• The price of whole selling products always lowers than maximum retail price (M.R.P) which means capacity of earning or making profit by selling these same goods to the consumers.

Learn more about wholesale trade:

Difference between wholesale trade and retail trade

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Learn more about capacity of earning profit:

Role of profit in business?

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Answer 2

Answer:

A whole sale trader is necessary to sell mass number of products at lower rates.

Explanation: