Which of these is a function performed by a retailer?
AFixing the customs duty
BAuditing the wholesaler
CCollecting market information
DSetting the national budget
Answer & Solution
Correct answer: C. Collecting market information
1. Retailers store, grade and sell goods.
2. They also extend credit and promote sales.
3. Collecting market information is one function.
_Source: NCERT Class 11 Business Studies, Chapter 10, Internal Trade._
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