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An importance of warehousing is in the

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Commerce JAMB 2013

An importance of warehousing is in the

  • production of goods checkmark
  • transportation of goods
  • importation of goods
  • repackaging of goods

The correct answer is: A

Explanation

Warehouses reduce violent fluctuations in prices by storing goods when their supply exceeds demand and by releasing them when the demand is more than immediate productions. Warehouses ensure a regular supply of goods in the market. This matching of supply with demand helps to stabilise prices.

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