A country that is characterized by a high percentage of car ownership,a high percentage of households with refrigerators and freezers,and a high percentage of two-income households,will most likely have a low level of retail concentration.

Question

Quizplus · Accepted Answer

This statement is not necessarily true or false. The level of retail concentration in a country is affected by various factors such as economic policies, consumer behavior, and competition among businesses. The high percentage of car ownership, household appliances, and two-income households may affect consumer behavior, but it doesn't necessarily determine the level of concentration in the retail market.

A Country That Is Characterized by a High Percentage of Car