A general rule in retailing is that broader, deeper product assortments and expanded service options require a higher price to cover increased costs.

Name: A general rule in retailing is that broader, deeper product assortments and expanded service options require a higher price to cover increased costs.
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Question

Quizplus · Accepted Answer

This statement is true in retailing as broader assortments and expanded service options lead to increased costs such as inventory, staffing, and overhead, which require a higher price to cover.

A General Rule in Retailing Is That Broader, Deeper Product