Your retail outlet sells bottled water. Which of the followingscenarios would cause you to use a ―buy low and sell high‖strategy with bottled water?
A) A hurricane is expected to arrive within one week.(True Answer ) Correct
B) A new producer for bottled water is expected to enter the market within the next three months.
C) Consumers are moving away from bottled water consumption to filtered tap water consumption.
D) Imports of bottled water begin to arrive in town.
Correct Answer:
Verified
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