WAEC Economics 2016 Question 25

Question 25

Distributive Trade

Which of the following measures will hinder efficient distribution of goods in West Africa?

  1. A.Improving road networks
  2. B.Provision of adequate storage facilities
  3. C.Instituting price control
  4. D.Formation of producers' co-operative societies
Show the answer and explanation

Answer: C (Instituting price control)

Explanation

Price control leads to hoarding, shortages and black markets, which disrupt distribution.