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Which of the following functions is not performed by warehousing?

Which of the following functions is not performed by warehousing?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Stabilization of price
  • B Production ahead of demand
  • C Creating scarcity of goods
  • D Storage of goods
Correct Answer: Option C
Explanation:
The function of storage can be carried out successful with the help of warehouses used for storing the goods. By storing the goods throughout the year and releasing them as and when they are needed, warehousing creates time utility.
warehousing doesn’t create scarcity of goods instead it makes goods available

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