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Q.

The trader who sells things to the consumer is the called:


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a

Wholesale trader

b

Retailer

c

Mall owner

d

None of the above 

answer is B.

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Detailed Solution

The trader who sells things to the consumer is called a retailer.
People don't purchase goods directly from the warehouse. Nor would the factories be interested in selling us in a small amount. The wholesale seller first purchases goods in bulk quantities and sells them to the other small traders. The small traders, also called retailers, finally sell the goods to consumers. For example, Sameer is a retailer or small trader in the weekly market. He buys clothes from the wholesale market and sells them in six different markets. He hires a minivan for this so that he can sell their clothes to consumers without holding any permanent Shop. During festival time, he does good business.
 
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