The economic impact of retailers depends on the product being sold, demand location and the medium in which it is distribute True False

True.<br /><br />The economic impact of retailers indeed depends on several factors, including the product being sold, the demand in the location where the product is being sold, and the medium in which it is distributed. Retailers play a crucial role in the economy by providing goods and services to consumers. The type of product being sold can affect the retailer's profitability and market position. The demand for the product in a particular location can influence the retailer's sales and revenue. The medium of distribution, such as online or physical stores, can also impact the retailer's reach and customer base. Therefore, the economic impact of retailers is influenced by these factors.