a person who buys in bulk and sells in bit is a

Assessment: WAEC SSCE - Economics - 1989 (Objective) Subject: Economics

Question 1 Report

a person who buys in bulk and sells in bit is a
Answer Details
A person who buys goods in large quantities and then sells them in smaller quantities is called a retailer. Retailers typically purchase products from manufacturers or wholesalers in large quantities and then sell them to consumers in smaller quantities. They may operate physical stores, online stores, or both. The retailer's main function is to make goods available to the general public, offering a wide range of products that are attractive, affordable, and easily accessible.
Read lesson note on Business Organizations (WAEC)
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