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I will try to help you answer this. it seems really confusing but I'll do my best to solve it and get it back to you. Hope I'm able to help!
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Have a great day! c:
Answer:
Lossy image formats will remove data during compression as a trade off for lower storage occupation. Lossless data formats will not remove data during compression, resulting in higher quality but also higher storage occupation.
Graphic Artists will almost always use lossless due to it delivering the highest quality image possible.
It depends on what kinda "goods" your talking about clothes they don't have a choice cause material costs a lot overall it's their way of getting a lot of money because some people do fall for the prices and their is a lot of competition around some businesses
