Today,the Low Cost of Setting Up Shop ________ Makes It

question 33

Multiple Choice

Today,the low cost of setting up shop ________ makes it even more profitable to serve very small niches.

• A) in malls in major cities
• B) in central business districts
• C) on the Internet
• D) near major competitors
• E) far from competitors

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Definitions:

Limited Time

A restricted period during which something can occur or must be completed.

Scarcity

Refers to the fundamental economic problem of having seemingly unlimited human wants and needs in a world of limited resources.

Freedom of Choice

The ability or right of individuals to make their own decisions without external constraints or coercion.

Emotional Response

The psychological reaction characterized by feelings such as happiness, anger, or fear, triggered by specific stimuli or events.