A reason why there is more competition among restaurants than among large discount department stores is that restaurants

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Quizplus · Accepted Answer

Large discount department stores benefit from significant economies of scale, which allows them to offer lower prices than smaller competitors. This can make it difficult for smaller stores to compete. However, restaurants do not benefit from these same economies of scale, making it easier for smaller restaurants to compete with larger chains. Additionally, restaurants have to cater to a variety of consumer tastes, while department stores typically have a more homogeneous customer base.

A Reason Why There Is More Competition Among Restaurants Than