Which of the Following Is a Difference Between Warehouses and Distribution

question 102

Multiple Choice

Which of the following is a difference between warehouses and distribution centres?

• A)warehouses are used to store agricultural products, while distribution centres are used to store nonagricultural products.
• B)warehouses store goods for moderate to long periods, while distribution centres are used to move goods rather than just store them.
• C)warehouses are always owned by a producer, while distribution centres are rented.
• D)warehouses are more likely to use newer, computer-controlled systems, while distribution centres generally use outdated materials-handling methods.
• E)warehouses are exclusively used by government agencies, while distribution centres are exclusively used by private businesses.

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Definitions:

Utility

In economics, it refers to the satisfaction or benefit derived by consumers from consuming goods and services.

Income

The monetary payment received for work or through investments, including wages, salaries, or dividends.

Consumer Equilibrium

A condition where a consumer has allocated their income in a way that maximizes their utility, given their budget constraints and the prices of goods and services.

Utility

In economics, the total satisfaction received from consuming a good or service.