A. are located very close to consumers
B. finance both producers and retailers
C. pass information on from retailers to consumers
D. sell in small units to consumers

Correct Answer: Option B

B. finance both producers and retailers

Explanation

Wholesalers either take title to the goods they purchase, or they own the goods they purchase. If there is a significant change in the value of the products between the time of the purchase from the producer and the sale to the retailer, the wholesaler will absorb that profit or loss.

SEE ALSO  If the foreign exchange rate is N80 to £1, then a bicycle bought for £40 will cost?

Copyright warnings! Do not copy.