Pancake Platter Inc. opens a new breakfast deli in the small town of Lakeville. It makes a lot of profit during its first year because it is the only deli in the area. Customers choose to have breakfast at this deli because their only other options for availing this type of service would be to travel several miles to the next town. This scenario best illustrates ________.
A)substitution
B)rivalry
C)opportunity
D)integration

Question

Quizplus · Accepted Answer

The scenario best illustrates opportunity, as Pancake Platter Inc. is taking advantage of a lack of competition in the area and is able to make a lot of profit as a result.