Question on: JAMB Economics - 2024
Which of the following is the correct order in the chain of distribution?
A
Consumer -> Distributor β Retailer β Producer
B
Producer β Wholesaler β Retailer β Consumer
C
Retailer β Consumer β Producer β Wholesaler
D
Producer β Consumer β Retailer β Wholesaler
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Correct Option: B
The correct order in the chain of distribution is:
- Producer β manufactures goods
- Wholesaler β buys in bulk
- Retailer β sells to consumers
- Consumer β final user
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