Which of the Following Statements About Convenience Stores Is False

question 86

Multiple Choice

Which of the following statements about convenience stores is False?

• A) Many convenience stores also sell gasoline.
• B) Prices on individual items are usually lower than in a supermarket.
• C) They have begun to compete with fast-food restaurants.
• D) They have a more limited assortment than do supermarkets.
• E) None of these statements about convenience stores is False.

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Definitions:

Differential Cost

The cost difference between two alternative decisions.

Model 240

A specific version or design of a product, indicated by the model number 240.

Incremental Manufacturing Cost

The additional cost incurred by producing one more unit of a product.

Production Increase

An uptick in the amount of products manufactured by a company over a set period.