Products such as televisions that operate in competitive markets have low gross margins.

Name: Products such as televisions that operate in competitive markets have low gross margins.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Competitive markets typically have low gross margins as companies strive to keep prices low to attract customers. This is especially true for products such as televisions, where there are many brands and models available for consumers to choose from.

Products Such as Televisions That Operate in Competitive Markets Have