Which of the following pairs can be referred to as middlemen?
- wholesalers and agents
- Retailers and consumers
- Consumers and agents
-
Wholesalers and retailers
- Wholesalers and consumers
The correct answer is: D
Explanation
A middleman is a person who buys goods from producers and sells them to retailers or consumers or one who arranges business or other deals between other people.
The channel of distribution recognizes the wholesaler and the retailer as the middlemen