JAMB Economics 2019 Objective — Question 26

Question 26 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2019 Objective paper, with the correct answer and a full explanation.

An important function of the retailer is to

A. grant credit to wholesalers only
B. break bulk and sell products in small units to consumersCorrect
C. fix wholesale prices
D. manufacture consumer goods

Explanation

The retailers are the middlemen between the wholesalers and the consumers. They help break bulk and sell products in small units to consumers.

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