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Tidy Tidy
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8 years ago
The "Discount Department Stores" industry is highly concentrated. What does this mean?
A) There are many large stores such as Wal-Mart, Target, Kohl's, in this industry.
B) A few large stores account for a significant portion of industry sales.
C) There is cut-throat competition in this industry because there are no entry barriers.
D) The sales volume in this industry is consistently high.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Chimelo46Chimelo46
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