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Question

Who is the first one to buy goods in large quantities?
  1. Retailer
  2. Wholesaler
  3. Consumer
  4. Transporter

A
Wholesaler
B
Retailer
C
Consumer
D
Transporter
Solution
Verified by Toppr

In a market, the people in between the producer and the final consumer are the traders. The wholesaler is the trader who buy goods in large quantity from various producers. They are the traders who are the first one to buy goods in large quantities from the producer. They then sold the goods to small traders known as retailers.

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