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WAEC Commerce 1992 Question 45

Question 45

Warehousing

Commerce increases the utility of goods by making them available when they are wanted. This function is performed by the use of

  1. A.banks
  2. B.insurance
  3. C.transport
  4. D.advertising
  5. E.warehousing
Show the answer and explanation

Answer: E (warehousing)

Explanation

Warehousing stores goods until they are needed, creating time utility.