Economics
JAMB 2022
Wholesalers play an important in the distribution of goods and services because they
-
A.
are located very close to consumers
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B.
finance both producers and retailers
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C.
pass information on from retailers to consumers
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D.
sell in small units to consumers
Correct Answer: Option B
Explanation
Wholesalers finance the manufacturer/producer by providing fund for the producer to produce and grant credit to the retailer.
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