NABTEB Economics 2022 Objective — Question 25
Question 25 of 50 from the National Business and Technical Examinations Board (NABTEB) Economics 2022 Objective paper, with the correct answer and a full explanation.
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A major function of the retailer is to
- A. grant credit to the wholesaler
- B. break bulk and sell products in small unitsCorrect
- C. reduce cost of distribution
- D. generate demand for products through advertisement
Explanation
A retailer buys in small quantities from wholesalers and sells in units to final consumers, i.e. breaking bulk.
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