Question

Choose the best answer.

What is the difference between wholesale price and retail price?

Retail price is the price at which the manufacturer sells goods to a wholesaler; wholesale price is the price at which the wholesaler then turns around and sells it to the direct consumer.

Wholesale price is the price at which the manufacturer sells goods to a retailer; retail price is the price at which the retailer then turns around and sells it to the direct consumer.

Both can be true.

Both are false.

Answer 1

The best answer is:

**Wholesale price is the price at which the manufacturer sells goods to a retailer; retail price is the price at which the retailer then turns around and sells it to the direct consumer.**