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WAEC Commerce 2013 Objective — Question 37

Question 37 of 50 from the West African Examinations Council (WAEC) Commerce 2013 Objective paper, with the correct answer and a full explanation.

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Which of the following is not a function of warehousing?

  • A. Creating scarcityCorrect
  • B. stabilization of price of goods
  • C. production ahead of demand
  • D. storage of goods

Explanation

Warehouse in itself does not create scarcity of goods but the individual middlemen do.

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