Hoarding in distributive trade leads to

Assessment: WAEC SSCE - Economics - 1997 (Objective) Subject: Economics

Question 1 Report

Hoarding in distributive trade leads to
Answer Details
Hoarding in distributive trade refers to the practice of withholding goods from the market with the intention of creating artificial scarcity and driving up prices. This can lead to a decrease in the supply of goods, which can cause prices to rise and make the goods less affordable or unavailable for consumers. Therefore, the correct option is "artificial scarcity of goods."
Read lesson note on Distributive Trade (WAEC)
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