JAMB - Commerce (2022 - No. 5)
The service of a retailer is part of production because it
creates a link between consumers and producers
enables finished goods to reach consumers
increases consumers standard of living
is a commercial occupation
Explanation
A retailer is a trader who buys goods in small quantities from the wholesaler and sells in bits or units to the final consumers. One of the function is that he breaks the goods down into units for the consumers.
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