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The "Wheel of Retailing" Theory Says That

Question 247

Multiple Choice

The "wheel of retailing" theory says that:


A) retailers go through cycles from high costs and prices to lower costs and profits.
B) general stores will dominate U.S. retailing again in the next century.
C) new types of retailers enter as low-status, low-margin, low-price operators and eventually offer more services and charge higher prices.
D) None of these alternatives about the "wheel of retailing" is correct.

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