A small neighborhood drugstore is probably forced to use above-the-market pricing because of their low cost structure and high sales volume.

Name: A small neighborhood drugstore is probably forced to use above-the-market pricing because of their low cost structure and high sales volume.
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Question

Quizplus · Accepted Answer

This statement is incorrect. A small neighborhood drugstore is likely to have a higher cost structure due to limited purchasing power and lower sales volume, which can lead to higher prices.

A Small Neighborhood Drugstore Is Probably Forced to Use Above-The-Market