Economics
JAMB 2024
Which of the following is the correct order in the chain of distribution?
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A.
Consumer -> Distributor → Retailer → Producer
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B.
Producer → Wholesaler → Retailer → Consumer
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C.
Retailer → Consumer → Producer → Wholesaler
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D.
Producer → Consumer → Retailer → Wholesaler
Correct Answer: Option B
Explanation
The correct order in the chain of distribution is: Producer → Wholesaler → Retailer → Consumer.
In this distribution chain, the products or goods flow from the producer to the wholesaler, then to the retailer, and finally to the consumer.
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