WAEC - Economics (2015 - No. 6)
which of the following is not an effect of many middlemen in the chain of production
shortage of commodities
low retail prices
hoarding of goods
high retail prices
คำอธิบาย
middlemen intervention raise price for consumers. The real profit goes to the middlemen who buy up the farm products at almost give away prices and sell at outrageous prices to the consumers.