Which of the Following Is Not a Trend in Global

question 16

Multiple Choice

Which of the following is not a trend in global distribution:

• A) Middlemen are disappearing
• B) Retail ownership has become increasingly dispersed
• C) Information technologies have increased in importance
• D) Retailing has become increasingly globalized

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Definitions:

Antique Objects

Items of high value due to their considerable age, rarity, craftsmanship, or historical significance.

Asymmetric Information

A situation in which one party in a transaction has more or superior information compared to another, often leading to an imbalance in decision-making.

Inefficient Outcomes

Situations in which resources are not allocated optimally, leading to wasted resources or unmet potential.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in market balance.