QUESTION
What is the name given to intermediaries who sell products to other businesses for resale to ultimate customers or to institutions and businesses for use in their operations?
A) producers
B) agents
C) wholesalers
D) brokers
E) retailers
ANSWER
Answer: C
Explanation: C) Wholesalers, also known as middlemen, are intermediaries who sell products to other businesses for resale to ultimate customers or to institutions and businesses for use in their operations.
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