Gross margins for retailers of __________ are on the average lower than for retailers of ___________.
A) Vending machines; liquor
B) Furniture; fuel oil
C) Gasoline service stations; furniture
D) Household appliances; liquor
E) Groceries: fuel oil

Question

Quizplus · Accepted Answer

Gasoline service stations typically have lower gross margins compared to furniture retailers. This is because gasoline is a commodity item with relatively low pricing power, while furniture can often have higher markups due to styling and design features.

Gross Margins for Retailers of __________ Are on the Average