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Which of the following is NOT an advantage of e-commerce?
Very Elastic Demand
A situation where the demand for a product or service significantly changes in response to changes in its price.
Arnold Palmer
A renowned American professional golfer and businessman known for his sportsmanship and business acumen.
Bargain Set
A concept in economics and game theory where the set includes all deals or agreements that are beneficial to all parties involved compared to their next best alternatives.
Tax Increase
A rise in governmental levies on income, property, sales, or transactions, designed to raise additional revenue for public spending.
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