Which of the following correctly illustrates the chain of distribution?

Assessment: WAEC SSCE - Economics - 1996 (Objective) Subject: Economics

Question 1 Report

Which of the following correctly illustrates the chain of distribution?
Answer Details
The correct illustration of the chain of distribution is: Manufacturer -> wholesaler -> retailer -> consumer In this chain, the manufacturer produces goods and sells them to the wholesaler who then sells them to the retailer. The retailer, in turn, sells the goods directly to the consumer. This is the most common chain of distribution for most goods and products. The manufacturer has a direct relationship with the wholesaler, who then has a direct relationship with the retailer, who finally has a direct relationship with the consumer.
Read lesson note on Business Organizations (WAEC)
View Answer

Related Questions

1

MUX = PX ( where X and Y = good X and Good Y; MU = Marginal Utility;P= Price)MUY = PY. The above represents the
2

Subsistence agriculture means
3

Farm produce are graded, packed and distributed by
4

The ranking of a consumer’s need in order of importance is termed
5

If price of a commodity rises from N2.00 to N4.00 and its supply increases from 100 to 125, them the co-efficient of elasticity of supply is
6

Localization of industries is
7

The natural growth rate of a population is the
8

If as a result of fall in price of the commodity X, the quantity demanded of commodity Y falls, then commodities X and Y are

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning