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Q. |
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» D. low margin, low price retailers enter to compete with retailers who are high margin and high price. |
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