NECO Economics 2022 Objective — Question 24

Question 24 of 50 from the National Examinations Council (NECO) Economics 2022 Objective paper, with the correct answer and a full explanation.

The middlemen is responsible for

A. providing research facilities
B. purchasing raw materials
C. designing the product
D. breaking the bulkCorrect

Explanation

Middlemen (wholesalers and retailers) act as intermediaries between producers and consumers; their main function is distribution, including breaking bulk into smaller units.

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Economics 2022 Objective More Economics past papers