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While Retailing Is Dominated by Independents in Terms of Percent

Question 17

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While retailing is dominated by independents in terms of percent of retail units,it is dominated by chains in terms of retail sales dollars.Explain this statement through the concepts of ease of entry and the competitive advantages and disadvantages of chains versus independents.

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Answered by ExamLex AI

Answered by ExamLex AI

The statement can be explained through t...

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