Which of the following statements is NOT TRUE?
A) Storing is a marketing function.
B) Storing allows producers and intermediaries to keep stocks at convenient locations.
C) Storing allows the producer to achieve economies of scale in production.
D) Storing is necessary when production of goods doesn't match consumption.
E) Storing can increase the value of goods, but does not involve costs.

Question

Quizplus · Accepted Answer

Storing involves costs such as storage space, insurance, and personnel to manage inventory.

Which of the Following Statements Is NOT TRUE