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taco bell, a fast-food, mexican-style restaurant and red robin, a family-style, sit-down, burger restaurant) are what type of competitors? (select the best answer.)

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Final answer:

Taco Bell and Red Robin are indirect competitors in the restaurant industry as they both aim for consumer dining out spending but offer different dining experiences and cuisines.

Step-by-step explanation:

Taco Bell, known for its fast-food, Mexican-style offerings, and Red Robin, recognized for being a family-style, sit-down burger restaurant, are indirect competitors in the restaurant industry. Although they specialize in different types of cuisine and dining experiences, they both compete for the same discretionary consumer spending on dining out. They may not offer the exact same products, but they vie for a share of the market that seeks convenient, quick-service meals as well as a more relaxed sit-down dining experience. Therefore, even as their core offerings differ, their target market probably overlaps, making them competitors in the broader spectrum of the food service sector.

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