________ Were the Main Form of Retail Clusters Until the 1950s

question 120

Multiple Choice

________ were the main form of retail clusters until the 1950s.

• A) Strip malls
• B) Discount stores
• C) Independent off-price retailers
• D) Central business districts
• E) Regional shopping malls

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Definitions:

Service Business

A company that provides intangible products, such as expertise or labor, rather than physical goods.

Selling Expenses

Costs incurred directly and indirectly from selling products or services, such as advertising, commissions, and shipping costs.

Merchandise

Goods bought and sold by businesses, typically in the retail industry.

Journal Entry

A journal entry is a record in the accounting books that logs a business transaction, indicating the accounts and amounts to be debited and credited.