EFFECT OF CONSTANT RISE IN PRICES OF FOOD STUFF ON THE OPERATIONS OF RETAIL BUSINESSES IN IDAH METROPOLISES
Abstract
This study is conducted to determine Effect of Constant Rise In Prices of Food Stuff on the Operations of Retail Businesses in Idah Metropolises. To direct the study research questions and hypotheses were formulated. The search was carried out using a sample of 333 respondents in Idah, Kogi State. The main instrument used in data collection was questionnaire and 333 questionnaires were distribution and 325 was completed and returned. The data were analyzed using simple percentages and tables and the hypotheses formulated were tested using regression with the aid of SPSS. From the analysis of the data collected, the following findings were made: it was found that price perception has significant effect on the operations of retail businesses in Idah, Kogi State and increase in price of food stuff have significant effect on the operations of retail businesses in Idah, Kogi State and it is recommended that the price of food stuff should be regulated in order to improve patronage of food stuff and Government should improve on policy guiding production of food stuff to help reduce the continues increase in price of food stuffs.
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