EWT | Academic Question

Questions
Question (11)
QN0024472
Which statement correctly distinguishes wholesalers from retailers?
  • (A) Wholesalers sell directly to consumers.
  • (B) Retailers buy directly from consumers.
  • (C) Wholesalers sell mainly to retailers, while retailers sell to consumers.
  • (D) Both sell only to producers.

Correct Answer: C
Explanation:

This is the key difference between wholesale and retail markets.

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Question (12)
QN0024473
A retailer notices that customers buy about 100 litres of cooking oil every week. What should the retailer do?
  • (A) Stop stocking cooking oil.
  • (B) Purchase sufficient stock from the wholesaler.
  • (C) Sell only to wholesalers.
  • (D) Increase the price every week.

Correct Answer: B
Explanation:

Retailers estimate demand before purchasing stock.

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Question (13)
QN0024474
Which participant acts as a link between producers and retailers?
  • (A) Consumer
  • (B) Wholesaler
  • (C) Tourist
  • (D) Advertiser

Correct Answer: B
Explanation:

Wholesalers connect producers with retailers.

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Question (14)
QN0024475
A fruit retailer purchases 250 kg of apples every morning and sells them to customers throughout the day. The retailer mainly sells
  • (A) in bulk to wholesalers.
  • (B) in small quantities to consumers.
  • (C) only to exporters.
  • (D) only to manufacturers.

Correct Answer: B
Explanation:

Retailers sell in small quantities.

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Question (15)
QN0024476
Why is it difficult for producers to sell directly to every consumer?
  • (A) Consumers do not buy goods.
  • (B) Producers cannot produce enough goods.
  • (C) Consumers are spread across many different places.
  • (D) Producers are not allowed to sell goods.

Correct Answer: C
Explanation:

Wholesalers and retailers help reach consumers efficiently.

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Question (16)
QN0024477
A retailer buys shirts at ₹350 each from a wholesaler and sells them at ₹420 each. The retailer's earnings mainly come from
  • (A) producing shirts.
  • (B) the difference between buying and selling prices.
  • (C) exporting shirts.
  • (D) paying transport charges.

Correct Answer: B
Explanation:

Retailers earn through the margin between purchase and sale prices.

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Question (17)
QN0024478
A wholesaler supplies goods to 80 retail shops located in different parts of a city. This mainly helps
  • (A) reduce production.
  • (B) improve distribution of goods.
  • (C) eliminate retailers.
  • (D) reduce consumer demand.

Correct Answer: B
Explanation:

Wholesalers ensure goods reach many retail outlets.

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Question (18)
QN0024479
Which participant generally maintains direct contact with final consumers?
  • (A) Producer
  • (B) Wholesaler
  • (C) Retailer
  • (D) Distributor

Correct Answer: C
Explanation:

Retailers interact directly with consumers.

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Question (19)
QN0024480
Which sequence correctly represents the movement of goods?
  • (A) Producer → Wholesaler → Retailer → Consumer
  • (B) Consumer → Retailer → Wholesaler → Producer
  • (C) Retailer → Producer → Consumer → Wholesaler
  • (D) Producer → Consumer → Wholesaler → Retailer

Correct Answer: A
Explanation:

This is the normal flow of goods.

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Question (20)
QN0024481
A wholesaler receives a truck carrying 5,000 cartons of soap from a factory and supplies them to hundreds of shops. Which function is the wholesaler performing?
  • (A) Manufacturing goods
  • (B) Bulk purchasing and distribution
  • (C) Selling directly to consumers
  • (D) Exporting the goods

Correct Answer: B
Explanation:

Wholesalers purchase goods in bulk and distribute them to retailers.

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