Q.______ buys the goods from the producer and sells it to the retailers.

Wholesale trade is the buying and selling of goods and services in large quantities for resale or intermediate use. A wholesaler sells to retailers, other merchants, and industrial or institutional users — but not, in any significant amount, to ultimate consumers. Wholesalers are the vital link that lets a manufacturer reach a large number of buyers spread over a wide area.

A wholesaler typically takes the title (ownership) of goods, bears the business risk, buys in bulk and sells in small lots, and performs grading, packing, storage, transport, promotion and market-information gathering. By making goods available at the right place and time, wholesalers create place utility and time utility.

Services to manufacturers:

• Facilitating large-scale production — pooling small retailer orders into bulk orders lets producers enjoy economies of scale.
• Bearing risk — of price falls, theft, spoilage and fire while goods sit in their warehouses. …