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azamat
3 years ago
10

What is a wholesaler?

Business
1 answer:
makkiz [27]3 years ago
5 0

Answer:

C. An intermediary that makes goods convenient for businesses to

buy.

Explanation:

Wholesalers are businesses that buy finished products from manufacturers and sell them to retailers. They are members of the supply chain. Wholesalers buy goods in bulk, break the bulk, and sell them to retailers. In some instances, some wholesalers may sell directly to consumers.

Retailers are businesses that sell to end consumers. They are the primary customers to wholesalers. Therefore, wholesalers are intermediaries who sell to other businesses.

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Answer:

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Explanation:

After a research on internet I found the exercise and the questions better explained. The correct formulation is attached as an image. Please let me know that we are looking to the same exercise.

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3 years ago
When there is low competition, firms can use a price strategy to recover research and development costs and make as much profit
aliina [53]

When a market is experiencing low competition, firms can recover research and development costs by using a skimming price strategy.

<h3>What is a skimming price strategy?</h3>

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