JAMB Economics 1986 Question 23

Question 23

Distributive Trade

In the normal channels of distribution the breaking of bulk is performed by the

  1. A.producer
  2. B.wholesaler
  3. C.retailer
  4. D.consumer.
Show the answer and explanation

Answer: B (wholesaler)

Explanation

The wholesaler buys in large quantities from producers and sells in smaller lots to retailers; this is breaking bulk.