Question: In a small town the local hardware store can charge higher prices than one in a large city with many hardware stores because the local

In a small town the local hardware store can charge higher prices than one in a large city with many hardware stores because the local hardware store
Multiple Choice
has fewer items to sell so they need to sell items for higher prices.
has more market power in the small town.
is privately owned.
Is motivated by profit while the other hardware stores are not.
In a small town the local hardware store can charge higher

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