WAEC Economics 2014 Theory — Question 16

Question 16 of 22 from the West African Examinations Council (WAEC) Economics 2014 Theory paper, with the correct answer and a full explanation.

7(a). What is the normal chain of distribution? (2 marks)

Model answer

The normal chain of distribution is the route/channel through which goods move from the producer to the final consumer, typically: Producer → Wholesaler → Retailer → Consumer.

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