1. Identifying Cause and Effect Why are Big Box stores able to sell goods at prices so low that other, smaller stores cannot compete with them?
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Big box stores can capitalize on a concept known as economies of scale. By moving large amounts of products in and out, these retailers are able to snag inventory at discount and then pass those savings on to consumers.
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Entrepreneurs boost economic growth by introducing innovative technologies, products, and services. Increased competition from entrepreneurs challenges existing firms to become more competitive. Entrepreneurs provide new job opportunities in the short and long term.

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