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WAEC Economics 2010 Question 21

Question 21

Distributive Trade

The wholesaler performs the following functions except

  1. A.breaking the bulk.
  2. B.offering credit facilities to consumers.
  3. C.financing manufacturers.
  4. D.buying in bulk from manufacturers.
Show the answer and explanation

Answer: B (offering credit facilities to consumers.)

Explanation

Wholesalers give credit to retailers, not directly to final consumers.