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Q.

The ____ purchases goods directly from the manufacturer, producer or the farmer.

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Detailed Solution

The wholesaler purchases goods directly from the manufacturer, producer or farmer.
The wholesale market refers to the type of market where goods are not sold directly to the consumers. Instead, they are sold to the seller who sells them hereafter to the people. The wholesale market purchases the goods directly from the manufacturers, producers or farmers. Naturally, the price at which the wholesalers purchase the goods is low. The wholesalers sell those items to the retailers at the cost added with some profit. The trend of purchase and sale in this market depends upon the trend of the retail market.

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