Question on: JAMB Economics - 2024
Wholesalers play an important role in the distribution of goods and services because they
A
are located very close to consumers
B
pass information on from retailers to consumers
C
sell in small units to consumers
D
finance both producers and retailers
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Correct Option: D
Wholesalers play a crucial role in the distribution chain by financing both producers and retailers.
- They often provide credit to retailers, enabling them to purchase goods.
- They may also provide financial support to producers.
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