in a competitive market, an electronics company releases a smartphone that is much faster than older models…

in a competitive market, an electronics company releases a smartphone that is much faster than older models. this is an example of following a federal regulation. lowering prices for customers. reducing the risk for consumers. creating an innovative product.
Answer
Brief Explanations:
The company is introducing a smartphone with enhanced speed compared to older models. This is a form of innovation in product - development to gain a competitive edge in the market. It is not about following federal regulations, lowering prices, or reducing consumer risk.
Answer:
creating an innovative product.