What Type of Economic Base Is Preferred by Most Retailers

question 7

Multiple Choice

What type of economic base is preferred by most retailers?

• A) upper-income economic base
• B) service-oriented economic base
• C) single-industry economic base
• D) diversified economic base

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Definitions:

Purchased

Purchased refers to the acquisition of goods or services in exchange for money or other consideration.

Ratifying Contract

The act of formally approving an agreement to make it valid and binding, often after the fact.

Accepting Benefits

The act of receiving advantages, possibly under a contract, and particularly in a manner that implies acknowledgment or endorsement.

Writing

The act or process of forming visible letters or characters specifically for communication or documentation.