wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Why are chain stores bad?


Open in App
Solution

An established chain of stores is bad for the local market, as other vendors, businesses are forced to lower the prices in order to stay in the competition.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Monopoly Problem
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon