Which statement concerning ease of entry into retailing is correct?
A) Investment per worker in retailing is significantly greater than that of manufacturing establishments.
B) Ease of entry contributes to the high failure rate among newer retailers.
C) Ease of entry into retailing contributes to the low number of new firms entering retailing in any given year.
D) Ease of entry is reflected in high market shares (as a percent of total category sales) for the leading firms.
Correct Answer:
Verified
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