Which of the following is a function of a warehouse?
-
Stabilizing prices
- Increasing competition
- Stimulating demand
- Controlling quality
The correct answer is: A
Explanation
One of the primary functions of a warehouse is to stabilize prices. By storing goods when supply exceeds demand and releasing them when demand exceeds supply, warehouses help in managing the fluctuations in prices. This ensures a steady supply of goods throughout the year, which helps in maintaining stable prices in the market.