Question

Which ways are consumers likely to in situation where there is no warehousing

Answer 1

Explanation:

(i) Consumers may not enjoy lower prices as a result of economies of scale.

(ii) Consumers will lack variety of goods.

(iii) Lack of time utility.

(iv) Consumers will not be assured of a steady flow of goods.

(v) Quality of goods may be compromised.

(vi) Prices of goods may be unstable.

(vii) Consumers may not get goods in convenient qualities.