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JAMB Commerce 1995 Question 19

Question 19

Wholesale Trade

In the channel of distribution, which of the following sets is entirely made up of middlemen?

  1. A.Wholesalers, retailers and agents
  2. B.Manufacturers, consumers and retailers
  3. C.Wholesalers, agents and consumers
  4. D.Retailers, manufacturers and wholesalers
Show the answer and explanation

Answer: A (Wholesalers, retailers and agents)

Explanation

Middlemen stand between producer and consumer: wholesalers, retailers and agents. Manufacturers and consumers are the two ends of the chain.