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WAEC Economics 2023 Question 2

Question 2

Theory of Production

Warehousing is an economic activity that falls under

  1. A.tertiary production.
  2. B.intermediate production.
  3. C.secondary production.
  4. D.primary production.
Show the answer and explanation

Answer: A (tertiary production.)

Explanation

Warehousing is a commercial service, so it is tertiary production.