1. Business
  2. Economics
  3. evaluate whether the following statements are true false or it...

Question: evaluate whether the following statements are true false or it...

Question details

Evaluate whether the following statements are true, false, or it is unclear from the provided information. Then offer a explanation of no more than two complete sentences for why you chose your answer. Your score will depend heavily on the explanation. (a) McDonalds and Burger King have locations around the country. Therefore, the market for fast food hamburgers is national in scope. b) Consumers are willing to travel within a region to make a large purchase, like a new pickup truck. Sellers sometimes franchise dealerships to provide a broader spatial coverage. Therefore, the new automobile market is regional.

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution