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which of the following is not an effect of many middlemen in the chain of production

which of the following is not an effect of many middlemen in the chain of production
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Shortage of commodities
  • B Low retail prices
  • C Hoarding of goods
  • D High retail prices
Correct Answer: Option B
Explanation:
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.

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