Steve Started a Web-Based Business Offering a Mechanism for Buying

question 96

Multiple Choice

Steve started a Web-based business offering a mechanism for buying and selling antiques. He has set up his company using the ____ model.

• A) transaction-based
• B) content-based
• C) information-based
• D) premium

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Definitions:

Difference-In-Differences

A statistical technique used in econometrics and quantitative research to determine the effect of a specific intervention or treatment by comparing the before-and-after differences in outcomes between a control group and a treatment group.

Causal Effects

The relationship or impact that one variable has in directly changing the value or outcome of another variable.

Policy

A course or principle of action adopted or proposed by an organization or individual.

Causation

The relationship between cause and effect where one event directly results in another.