For Firms Like Target and Wal-Mart, Competition

Multiple Choice

For firms like Target and Wal-Mart, competition

A) is not a factor that must be considered in a free-market economy.
B) affects smaller businesses but not large chain operations.
C) affects larger chain operations but not smaller businesses.
D) is a rivalry among businesses for sales to potential customers.
E) is a problem that has been eliminated in the twenty-first century.