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O-LevelCommerceCredit7100/11 · Oct/Nov 2014 · Q71 Mark

Which statement explains why retailers offer credit to consumers?

Ato decrease retailers' costs
Bto decrease consumers' incomes
Cto increase consumers' debts
Dto increase retailers' sales

✓ Correct answer

D: to increase retailers' sales

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About this question

Topic
Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2014 Paper 1 Variant 1, question 7.

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