Dollar General and Dollar Tree Are Considered

question 136

Multiple Choice

Dollar General and Dollar Tree are considered

• A) department stores.
• B) superstores.
• C) independent retailers.
• D) convenience stores.
• E) discount stores.

---

Definitions:

Monopolistic Competition

The market structure that exists when there are fewer businesses than in a pure-competition environment and the differences among the goods they sell are small.

Competitive Environment

The dynamic external system in which businesses compete for resources, customers, and market space.

Pure Competition

The market structure that exists when there are many small businesses selling one standardized product.