JAMB Economics 1989 Question 18

Question 18

Distributive Trade

Which of the following is an important function of the retailer?

  1. A.Grants credit to the wholesaler
  2. B.Breaks bulk and sells products in small units
  3. C.Reduces cost of distribution
  4. D.Generates demand for products through advertisement.
Show the answer and explanation

Answer: B (Breaks bulk and sells products in small units)

Explanation

The retailer buys from the wholesaler and sells in small quantities that suit the final consumer.