passwella.
Menu

WAEC Animal Husbandry 2019 Question 26

Question 26

Processing and Marketing of Animal Products

In the marketing of animal products, middlemen create artificial scarcity in order to

  1. A.increase production.
  2. B.decrease production.
  3. C.make abnormal profit.
  4. D.make products available.
Show the answer and explanation

Answer: C (make abnormal profit.)

Explanation

By hoarding goods, middlemen push prices up and make excess profit.