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JAMB Economics 2000 Question 38

Question 38

Distributive Trade

The major function of the wholesaler to his customers is

  1. A.breaking of bulk
  2. B.offering personal services
  3. C.stocking a variety of goods
  4. D.providing transport facilities.
Show the answer and explanation

Answer: A (breaking of bulk)

Explanation

The wholesaler buys in large quantities from producers and sells in smaller lots to retailers (breaking bulk).