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JAMB Economics 1983 Question 17

Question 17

Distributive Trade

Retailers in an economy perform the function of

  1. A.production
  2. B.exchange
  3. C.distribution
  4. D.hoarding
  5. E.investment.
Show the answer and explanation

Answer: C (distribution)

Explanation

Retailers are the last link in the chain of distribution, bringing goods to final consumers.