Regarding supermarkets, which of the following is FALSE?
A. The average size of a supermarket is 40,000 square feet.
B. They introduced self-service to reduce their costs.
C. After-tax profits are very good, averaging 10 to 15 percent of sales.
D. They got their start as an experiment during the Depression.
E. They average about $20 million a year in sales.
Answer: C
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