What is the significance of the chain of markets in connecting producers to consumers?
1. It helps break down large quantities into smaller amounts suitable for individual buyers.
2. It makes the distribution process efficient and organized.
3. It increases the cost of goods due to multiple layers of trading.
Select the correct answer using the code given below:
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
All three