Which function of the wholesaler enables him to stabilize prices?
Answer Details
The function of the wholesaler that enables him to stabilize prices is warehousing goods. This means that the wholesaler stores a large quantity of goods in a warehouse and releases them in the market as and when needed. This helps in avoiding price fluctuations caused by shortages and surpluses in the market. By having a large stock of goods, the wholesaler can ensure a steady supply of products to retailers, which helps in maintaining stable prices.