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Multiple Choice
Stores that carry a broad product line, with limited depth, are referred to as ________ stores.
A
specialty
B
discount
C
convenience
D
department
Verified step by step guidance
1
Understand the definitions of different types of stores in microeconomics and retail terminology.
Recognize that a 'broad product line' means the store offers many different categories of products.
Understand that 'limited depth' means within each category, the variety or number of options is small.
Recall that 'department stores' are characterized by carrying a wide range of product categories (broad line) but usually with limited depth in each category.
Match the description 'broad product line, with limited depth' to the term 'department stores' as the correct answer.