The control price for a carton of beer in Nigeria is N7.20. But a carton of beer is sold in parts of the country for as much N15.00 The cause of this exorbitant price is that?
A.
there is a Government ban on the importation of beer
B.
beer distributors want more profit
C.
Nigeria is a large country
D.
middlemen hoard beer
E.
the demand for beer exceeds the supply
Correct Answer: Option E
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