Which of the following economic characteristics is consistent with a grocery store chain?
A) Low barriers to entry.
B) High levels of research and development.
C) High profit margins.
D) Low capital intensity.

Question

Quizplus · Accepted Answer

Grocery store chains typically have low barriers to entry, as the industry does not require highly specialized technology or significant research and development.

Which of the Following Economic Characteristics Is Consistent with a Grocery