In a market composed of service producers, most firms are small and geographically dispersed.

Name: In a market composed of service producers, most firms are small and geographically dispersed.
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This is generally true for service industries, as they often involve local or regional businesses that cater to specific markets or niches. Large, national or global service providers do exist, but they are often the exception rather than the norm.

In a Market Composed of Service Producers, Most Firms Are