Answer :
Final answer:
Auction companies and warehouse clubs provide locations for buyer-seller transactions, while merchant wholesalers act as intermediaries.
Explanation:
An auction company provides physical facilities or an online location where buyers and sellers can come together to complete a transaction. They facilitate the sale of goods through a bidding process, bringing buyers and sellers together in one platform.
Warehouse clubs are wholesalers that provide physical facilities where buyers can directly purchase goods in bulk at discounted prices, usually by becoming members of the club.
Merchant wholesalers buy products from manufacturers and sell them to retailers or other businesses; they do not typically provide a platform for direct buyer-seller transactions like auction companies do.
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