PART ONE: Is the Statement True or False? Why? Indicate whether the statement is true or false, and then in 1-2 COMPLETE sentences give your rationale as to WHY you think the statement is true (ie, give an example, evidence or a supportive statement) or false (indicate what is wrong and correct the statement to make it true). 18. As discussed in the CNBC video "Supermarkets, Inc.", the grocery industry is fragmented with many independent grocers operating high margin (high profit) stores. 19. Agencies of the US government, such as the Federal Drug Administration, help regulate marketng, especially in consumer advocacy and setting guidelines for products, advertising, and promotion. The demographic cohort with the largest population is Baby Boomers while Millennials hold the most wealth