Which of the following does not hinder the efficient of distribution of goods in West Africa?

A. inadequate transportation network

B. inadequate storage facilities for agricultural goodss

C. inadequate credit facitlities for potential distributors

D. Government participation in the distributive trade

E. The tendency to hoard and smuggle

Which of the following categories of people do not gain during inflation?

A. Debtors

B. businessmen

C. Shareholders

D. Investors

E. Creditors

One of the argument against he presence of middlemen in the distribution chain is that they

A. cause increase in the price of commodities

B. are commissioned agents

C. helps in keeping price stable

D. grade and blend goods

E. can be found almost everywhere

Which of the following is the normal channel by which the commodities reach the final consumer?

A. Mnaufacturer-wholesale-agent retailer-consumer

B. Mnufacturer-wholesale-retailer-consumer

C. Manufacturer-wholesale-sales representative-retailer-consumer

D. Mnufacturer-wholesale-retailer-agent-consumer

E. Mnaufacturer-wholesale-retailer-sales-representative-consumer

The movement of a worker from one grade to another within the same industry is a form of mobility of labour which is

A. geographical

B. vertical

C. occupational

D. horizontal

E. lateral

A person who buys in bulk and sells in bit is a

A. manufacturer

B. sales representative

C. retailer

D. advertiser

E. distributor

Which of the following is not correct?

A. Population refers to number of people living in a place

B. The population of a place is not static

C. Population is known through a census

D. Population is affected by the amount of money in circulation

E. Population can be affected by natural disaster

The money paid per hour or week for work done is known as

A. cost

B. time rate

C. bonus

D. wage rate

E. labour

In a rapidly growing economy where human labour is being replaced by machines, there is likely to be

A. classical unemployment

B. frictional unemployment

C. seasonal unemployment

D. residual unemployment

E. cyclical unemployment

Distribution is part of production because it

A. Makes goods and services available to the final consumer

B. Transport the goods from place to place

C. Offers employment to people

D. Encourages the provision of good roads, waterways and railways

E. Links the consumer with the producer