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Question

Who are those retailers which have fixed business premises and operate through unit stores or small shops located in residential areas or markets?

A
Middlemen
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B
Wholesalers
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C
Large-scale retailers
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D
Small-scale retailers
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Solution

The correct option is D Small-scale retailers
Small-scale retailers are those retailers which have fixed business premises and operate through unit stores or small shops located in residential areas or markets. They mainly include small shops on the roadside, general stores etc. They sell a limited variety of products for regular use like stationery, grocery, etc. They also provide services like goods on credit and home delivery to their customers.

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