Which of the Following Statements About Cost and Its Impact

question 121

Multiple Choice

Which of the following statements about cost and its impact on online shopping is most accurate?

• A)Fixed pricing is commonly used online because there is no need to respond quickly to changes in supply and demand conditions.
• B)The margins for online offerings are usually higher than those purchased in traditional marketplaces.
• C)Any price advantage for online purchases is lost in shipping and handling fees.
• D)The majority of the most popular items bought online can be purchased at the same price or cheaper than in retail stores.
• E)Dynamic pricing is the most commonly used pricing strategy for Internet purchases.

---

Definitions:

Cognitive Dissonance

The mental discomfort experienced by an individual who holds two or more contradictory beliefs, values, or ideas simultaneously.

Value Patterns

The unique set of beliefs and values that guide an individual's actions and decision-making processes.

Values

Core beliefs or principles that guide an individual's actions and judgments, reflecting what is important to them.

Attitudes

A settled way of thinking or feeling about something, reflecting an individual's views or opinions.