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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