WAEC Economics 1996 Question 12

Question 12

Distributive Trade

Which of the following correctly illustrates the chain of distribution?

  1. A.Manufacturer → wholesaler → retailer → consumer
  2. B.Consumer → retailer → wholesaler → manufacture
  3. C.Wholesaler → manufacturer → retailer → consumer
  4. D.Distributor → consumer → wholesaler → manufacturer
  5. E.Producer → manufacturer → wholesaler → retailer
Show the answer and explanation

Answer: A (Manufacturer → wholesaler → retailer → consumer)

Explanation

Goods move from the manufacturer to the wholesaler, then to the retailer and finally to the consumer.