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Less than half of all goods are exchanged through wholesaling institutions
Less than half of all goods are exchanged through wholesaling institutions. True or false? Explain your reasoning.
Expert Solution
False. In fact, more than half of the goods from the companies are distributed to the final consumers through wholesalers since they buy goods in large quantities and distribute to retailers and sometimes the final consumers. These enable the company to clear their warehouses and allow the company to create more space for more products.
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