Macy's, Kmart, JCPenney: More Retailers Closing
Brick-and-Mortar Stores As more people choose online retailing
over brick-and-mortar stores,...
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Economics
Macy's, Kmart, JCPenney: More Retailers Closing
Brick-and-Mortar Stores As more people choose online retailing
over brick-and-mortar stores, Macy's, Kmart, JCPenney, and
others are closing stores. Source: Springfield News-Sun, March
24, 2017 Question content area bottom left Part 1 1. Draw a curve
to show the PPF for retailing before the Internet is available.
Label it. 2. Draw a curve to show the PPF for retailing after the
Internet is available and stores began closing. Label it. Part 2 1.
Draw and label a marginal benefit curve of retailing. 2. Draw and
label a marginal cost curve of brick-and-mortar retailing. 3.
Draw and label a marginal cost curve of online retailing before the
Internet was available. 4. Draw and label a marginal cost curve of
online retailing after the Internet became available.
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