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WAEC Economics 2022 Objective — Question 25

Question 25 of 50 from the West African Examinations Council (WAEC) 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 major function of the retailer is to break bulk (buy in bulk from wholesalers) and sell products to final consumers in smaller units.

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