A store selling expensive artwork and luxury goods typically falls into the ________ group with respect to margins and volume.

Question

Quizplus · Accepted Answer

A store selling expensive artwork and luxury goods typically has high markups due to the exclusivity of their products. However, they have low volume because of the high price point of their goods. Therefore, the best choice is E - high-markup, low-volume.

A Store Selling Expensive Artwork and Luxury Goods Typically Falls