Which of the following is not an accurate description of the market for digital cameras?
a. Local camera shops account for the biggest share of multi-featured camera sales, with online retailers second, multi-store retail chains account for the biggest share of entry-level digital camera sales.
b. Retailers typically stock several brands of digital cameras.
c. Shoppers for multi-featured cameras are much more price sensitive than are the buyers of entry-level cameras.
d. Camera buyers are very knowledgeable about digital cameras; many do internet research to educate themselves about features, performance and prices of competing brands.
e. There are about 50,000 retailers worldwide, most of which are local shops.