2. a) John opens a small supermarket in Tuen Mun but he finds that he cannot charge prices as low as Wellcome supermarke
Posted: Thu May 05, 2022 6:22 am
2. a) John opens a small supermarket in Tuen Mun but he finds that he cannot charge prices as low as Wellcome supermarket. Give TWO possible reasons to explain. (4 marks) b) In the late June 2005, it had been raining heavily for many days which caused the flooding in some areas and destroyed a lot of vegetables. Explain, with the aid of a diagram, why supermarkets selling vegetables can charge a higher price. (6marks) c) In order to be more competitive, John's supermarket expands by selling steamed dim sum. Identify this type of expansion and give TWO motives for such an expansion. (4 marks)