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WAEC Commerce 2001 Question 41

Question 41

Warehousing

Which of the following is a function of a warehouse?

  1. A.Stabilizing prices
  2. B.Increasing competition
  3. C.Stimulating demand
  4. D.Controlling quality
Show the answer and explanation

Answer: A (Stabilizing prices)

Explanation

By storing goods when supply is high and releasing them when it is low, warehousing keeps prices steady.