WAEC Economics 2021 Objective — Question 24
Question 24 of 50 from the West African Examinations Council (WAEC) Economics 2021 Objective paper, with the correct answer and a full explanation.
Advertisement
24. By-passing the middlemen in the chain of distribution can lead to
- A. a problem of unemployment of labour.Correct
- B. the creation of artificial scarcity.
- C. high prices of goods and services.
- D. an increase in government tax revenue.
Explanation
People normally employed as middlemen in distribution would lose their jobs if that stage of the chain is removed.
Advertisement
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.