Regarding wholesaling, which of the following is true?
A. Merchant wholesalers have higher sales than agent wholesalers, but their costs (as a percent of sales) are over three times as high.
B. Good marketing managers select the type of wholesaler with the lowest cost when planning channels of distribution.
C. Manufacturers' sales branches have higher costs than agent wholesalers and account for a smaller percentage of total sales.
D. There are many more manufacturers' sales branches than merchant wholesalers.
E. All these answers are correct.
Answer: A
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