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Question
question 51 which type of intermediary buys goods in large quantities, stores them, and sells them in smaller quantities to other businesses? a a manufacturer b a wholesaler c an agent d a retailer back
Brief Explanations
To solve this, we analyze each option:
- A manufacturer produces goods, not primarily buy and resell in large - to - small quantities to businesses.
- A wholesaler is defined as an intermediary that buys goods in large quantities, stores them, and sells them in smaller quantities to other businesses (like retailers or other businesses).
- An agent typically acts on behalf of a principal in transactions, not the described buying - storing - reselling in large - to - small to businesses.
- A retailer buys goods (usually from wholesalers) and sells them in small quantities to end - consumers, not to other businesses.
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B. a wholesaler