passwella.
Menu

WAEC Economics 2018 Question 24

Question 24

Distributive Trade

Wholesalers play an important role in the distribution of goods and services because they

  1. A.are located very close to consumers.
  2. B.finance both producers and retailers.
  3. C.pass information on from retailers to consumers.
  4. D.sell in small units to consumers.
Show the answer and explanation

Answer: B (finance both producers and retailers.)

Explanation

Wholesalers pay producers in advance and give credit to retailers.