With respect to pricing,what has retailers' presence on the Internet resulted in?
A) retailers gaining firmer control of market pricing at the expense of the end user
B) the retailers' ability to charge what the market will bear
C) the end user having more ability to comparison shop thus resulting in a larger measure of control over prices charged by retailers
D) vast economies of scale resulting in higher profit margins for retailers

Question

Quizplus · Accepted Answer

Retailers' presence on the Internet has resulted in the end user having more ability to comparison shop thus resulting in a larger measure of control over prices charged by retailers. This is because consumers have access to a wider range of products and prices from different retailers, allowing them to compare and find the best deals. As a result, retailers have to become more competitive with their pricing to attract customers.

With Respect to Pricing,what Has Retailers' Presence on the Internet