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The body formed by sellers of a common product in a local market is an...

Marketing
WAEC 2021

The body formed by sellers of a common product in a local market is an example of ________

  • A. Market union
  • B. Manufacturer's association
  • C. Trade union
  • D. Consumer's association
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Correct Answer: Option A
Explanation

Market Union: This refers to an organization of sellers or producers who come together to promote their collective interests, often focusing on pricing, product quality, and market access.

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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
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