Recyclable material is sold to wholesalers and organic material is composted and then sold in the market.
In addition to intermediate-goods producers, there are wholesalers and final-product fabricators.
In the above wholesaling model, wholesalers take goods on consignment from intermediate-goods producers.
In theory, fully diversified wholesalers, paying in gold, do solve the coordination problem.
In particular, the wholesalers are not working on a cash-and-carry basis, which would have them assume coordination risk.
Intermediate-goods producers produce, and their product is bought by wholesalers with gold.
Assuming the publications themselves are realistically priced, margins are often slight and distribution through the traditional channels of wholesaler-retailer barely viable.
In the mid-seventeenth century wholesaler associations were organized by industry or on a territorial basis.
