The ability of consumers to do comparison shopping on the Internet is likely to put pressure on profit margins at the retail level.

Name: The ability of consumers to do comparison shopping on the Internet is likely to put pressure on profit margins at the retail level.
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Question

Quizplus · Accepted Answer

The Internet enables consumers to easily compare prices and products across different retailers, leading to increased competition and potentially lower profit margins for retailers as they adjust prices to attract customers.

The Ability of Consumers to Do Comparison Shopping on the Internet