Question

Question 3 (1 point)

With the rise of online retailers many department stores have shut down. Which factor best relates to this scenario?
b
Oc
d
change in the number of sellers
change in government regulations/ policies
change in cost of inputs
change in producer expectations

Answer 1

The rise of online retailers has led to the closure of many department stores due to a change in the number of sellers.

Step-by-step explanation:

The factor that best relates to the scenario of department stores shutting down with the rise of online retailers is change in the number of sellers. Online retailers have increased in number and have attracted customers away from traditional department stores. This change in the market has led to the closure of many department stores.

Learn more about The impact of online retailers on traditional department stores