WAEC Commerce 2022 Question 5

Question 5

Retail Trade

The service of a retailer is part of production because it

  1. A.creates a link between consumers and producers
  2. B.enables finished goods to reach consumers
  3. C.increases consumers' standard of living
  4. D.is a commercial occupation
Show the answer and explanation

Answer: B (enables finished goods to reach consumers)

Explanation

Production is complete only when goods reach the final consumer, and the retailer does that last step.