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Wholesalers play an important in the distribution of goods and services because they

Economics
JAMB 2022

Wholesalers play an important in the distribution of goods and services because they

  • A. are located very close to consumers
  • B. finance both producers and retailers
  • C. pass information on from retailers to consumers
  • D. sell in small units to consumers
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now