MCQOPTIONS
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| 1. |
The wheel of retailing explains the emergence of new retailing forms by ----. |
| A. | retailers cycle through peaks of high cost price and troughs of low cost price. |
| B. | whole sellers see retailing opportunity, enter retailing, then turn to wholesaling again. |
| C. | new retailers emerge, grow, mature and decline. |
| D. | low margin, low price retailers enter to compete with retailers who are high margin and high price. |
| Answer» E. | |