A government proposal limiting the swipe fees -- fees for use -- on debit-card purchases is opposed by large banks, which receive a large amount of their annual revenue from such fees. Retailers, who collect these fees pass them on to banks, have the most to gain from proposal; they say they will pass the savings on the consumers through reduced prices. This promise would, however, be hard to verify. Surprisingly, small banks, which would be exempt from the swipe-fee limitations, have joined large banks in opposing the proposal.
Which of the following would, if true, most help explain the small banks' position?
(A) Small banks' annual revenue percentage from swipe fees is lower than that of large banks.
(B) Small banks tend to thrive when large banks are perceived as indifferent to consumers' concerns.
(C) The small banks believe that retailers are likely to hesitate to accept cards charging swipe fees higher than large banks charge.
(D) Retailers are attempting to discourage
...
Which of the following would, if true, most help explain the small banks' position?
(A) Small banks' annual revenue percentage from swipe fees is lower than that of large banks.
(B) Small banks tend to thrive when large banks are perceived as indifferent to consumers' concerns.
(C) The small banks believe that retailers are likely to hesitate to accept cards charging swipe fees higher than large banks charge.
(D) Retailers are attempting to discourage
...
Statistics : Posted by GmatKnightTutor • on 12 Jan 2024, 09:03 • Replies 3 • Views 323
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