Multiple Choice
The United States has a very concentrated retail market with a few large national chains dominating the market.Which of the following is a factor that has contributed to greater retail concentration in a developed country like the United States?
A) tradition of established local neighborhood stores
B) increase in car ownership
C) retail system that encourages long channel length
D) increase in the number of single-income households
E) increase in the population density
Correct Answer:
Verified
Correct Answer:
Verified
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