Which of the following is a factor that contributes to greater retail concentration in developed countries?
A)number of households owning televisions
B)number of families with two or more children
C)increase in the value of the currency of the country
D)number of households with refrigerators and freezers
E)decrease in per capita income

Question

Quizplus · Accepted Answer

The presence of refrigerators and freezers allows for households to store perishable goods for longer periods of time, thereby reducing the need for frequent trips to the grocery store. This creates a larger market for larger retail chains that can offer wider selections and lower prices due to economies of scale, leading to greater retail concentration.

Which of the Following Is a Factor That Contributes to Greater