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How do warehouses help in price stabilization? - Commercial Studies

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Question

How do warehouses help in price stabilization?

Answer in Brief

Solution

  1. To keep market prices acceptable, it's important to retain enough stock in warehouses.
  2. Goods may be priced higher in the market due to a scarcity of supply. Excess production and supply may also result in lower product pricing.
  3. Warehousing contributes to price stability by maintaining a balanced supply of goods.
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Functions of Warehouses
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Chapter 13: Logistics and Insurance - EXERCISES [Page 234]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 13 Logistics and Insurance
EXERCISES | Q 14. | Page 234
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