According to the _ _ Hypothesis,new Retailing Forms Often Begin

question 7

Multiple Choice

According to the _ _ hypothesis,new retailing forms often begin as low- margin,low- price,low- status operations to challenge established retailers,then become successful,and eventually take the place of the established retailers they had challenged.

• A)warehousing
• B)wheel- of- retailing
• C)agent
• D)retail life cycle
• E)broker

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Definitions:

Bushel

A unit of volume that is used for measuring quantities of agricultural produce, such as grains.

Consumption

The use of goods and services by households or individuals, encompassing necessities and luxury items.

Bushel

A unit of volume that is used mainly for agricultural products, such as grains and fruits, equivalent to approximately 36.4 liters in the United States.

Consumption

The use of goods and services by households or individuals, constituting one of the key concepts in economics.