_____ are characterized by comparatively low prices and reduced costs of doing business.
A) Department stores
B) Discount retailers
C) Independent retailers
D) Specialty stores
E) Convenience stores

Question

Quizplus · Accepted Answer

Discount retailers are known for their low pricing strategy, which is achieved through reduced operational costs and often by buying in bulk or minimizing expenses in other areas to offer consumers lower prices.

_____ Are Characterized by Comparatively Low Prices and Reduced Costs