Your School's Whatsapp Group - Join Us now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

2024 WAEC Economics Theory (a)Define the term distribution.   (b) Outline three ways in which the retail- er is...

Economics
WAEC 2024

(a)Define the term distribution.  
(b) Outline three ways in which the retail- er is important to the consumer.  
(c) Explain three disadvantages of the operation of middlemen in the distribution process

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Explanation

(a) Distribution is the process by which goods and services are made available through the producer to the final consumer.  

b(i) The retailer stocks a variety of goods for customers to choose from, making shopping easier.  
(ii) The retailer offers after-sales service to clients e.g. demonstrating how an appliance works.  
(iii) The retailer provides advisory services to consumers on the use of the products.  
(iv) The retailer operates at places and times that are convenient to their customers. sometimes late at night. (v) The retailer helps to break the bulk by selling in smaller quantities to customers at affordable prices.  

c(i) They create artificial shortage leading to a hike in prices of goods.  
(ii) It leads to perishable goods getting bad if the middlemen are too many. (iii) Too many middlemen cause a delay in the distribution of goods.  
(vi) By repackaging, they reduce the quantity of the product to make more profit. (v) Some middlemen adulterate products leading to loss in quality of the product.


Report an Error Ask A Question Download App
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

Post your Contribution

Please don't post or ask to join a "Group" or "Whatsapp Group" as a comment. It will be deleted. To join or start a group, please click here

{{ quote.posted_by.display_name }}
{{ settings.form_textarea_description }}
 
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now
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
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now