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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
Ask EduPadi AI for a detailed answer
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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