John wants to open a small sandwich shop, in a city that contains dozens of similar stores. John's industry is consolidated.

Name: John wants to open a small sandwich shop, in a city that contains dozens of similar stores. John's industry is consolidated.
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Question

Quizplus · Accepted Answer

John's industry is not consolidated because a market with dozens of similar stores indicates a fragmented industry with many competitors, rather than a consolidated one with few dominant players.

John Wants to Open a Small Sandwich Shop, in a City