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WAEC Marketing 2020 Question 29

Question 29

Warehousing

A facility that would be used by a producer that wants to reduce fluctuations in product supply is

  1. A.wholesaling.
  2. B.retailing.
  3. C.warehousing.
  4. D.merchandizing.
Show the answer and explanation

Answer: C (warehousing.)

Explanation

Warehousing stores goods when supply is plentiful and releases them when it is scarce, keeping supply steady.