Any Industry That Utilizes Digital Technologies Is on a Path

question 80

True/False

Any industry that utilizes digital technologies is on a path toward increasingly lower costs,ultimately toward a price of free-or at least "free" for consumers.

---

Definitions:

Grocery Stores

Retail stores that primarily sell food, including fresh produce, meats, dairy products, and various packaged goods.

Loaf of Bread

A shaped mass of baked bread, commonly sliced for consumption and made from a variety of grains.

Price Fixing

An illegal agreement among competitors to set prices at a certain level, rather than letting them fluctuate naturally with market forces.

Industry Tightening

A period where industry competition becomes more intense, often leading to consolidation, increased regulation, or higher barriers to entry.