Multiple Choice
In 2013, T Co.'s gross profit percentage was 39.8% while their competitor, WWW's percentage was 31.8%. Which was the most likely reason for WWW's lower percentage?
A) Lower selling prices
B) Higher selling prices
C) Lower product cost as a percentage of sales
D) Ability to differentiate their product in consumers' eyes
Correct Answer:
Verified
Correct Answer:
Verified
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