Wholesalers play an important in the distribution of goods and services because they

  • A are located very close to consumers
  • B finance both producers and retailers
  • C pass information on from retailers to consumers
  • D sell in small units to consumers
jamb 2022economics

The correct answer is B. finance both producers and retailers

Wholesalers finance the manufacturer/producer by providing fund for the producer to produce and grant credit to the retailer.

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