Multiple Choice
Figure 14-9 
-Figure 14-9 above, shows the wheel of retailing, which indicates that retail outlets typically go through 4 changes ("1" through "4") .What change is expected by box #2?
A) low prices, low margins, low status.
B) low prices, high margins, and high status.
C) high prices, high margins, and high status.
D) mixed prices, mixed margins, and mixed status.
E) moderate prices, high margins, and high status.
Correct Answer:
Verified
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