Which of the following statements about the U.S. distribution system is true?
A. A large independent wholesale industry supplies goods to all retailers.
B. The retail density in the U.S. is lower than that found in Europe.
C. Many U.S. retailers are large enough to have their own warehouses.
D. The U.S. retail industry is mostly composed of many small and medium-sized firms.
E. The U.S. retail industry has a fragmented distribution system.
Answer: C
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