Select all that apply

Question

What are two important benefits provided by retailers?
Multiple select question.

They ensure fair competition in consumer markets.

They provide value in the form of consumer utilities.

They lower prices for consumers by eliminating unnecessary intermediaries.

They have a positive impact on the economy.

Answer 1

The two important benefits provided by retailers are:

1. They provide value in the form of consumer utilities.
2. They have a positive impact on the economy.

While fair competition and lower prices can be aspects of a retailer's role, the selected options more directly reflect key benefits of retailing.