Distinguish between variety and assortment


Problem

Distinguish between variety and assortment. Why are these important elements of the retail market structure? Choose a small, independent retailer, and explain how it can compete against a large national chain.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Distinguish between variety and assortment
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