Why is there a difference in prices between a wholesale and retail market ?
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In wholesale market products are directly come from factories thats why the prices are low whereas in retail market product has to cross several junction and at each junctions, tax is added therefore prices of products in retail market is higher as compare to wholesale market.
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Explanation:
Wholesale is selling of goods in bulk to the retailers and businesses at cheaper rates. However, if the customer wants to buy a product from the wholesaler directly them they will be charged higher as compared to the retailer.
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