A Business Transaction Carried Out with a Person After Being

question 26

True/False

A business transaction carried out with a person after being introduced on a social networking website is an example of e-commerce.

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Definitions:

Demand

The level of demand for products or services that purchasers can and are willing to pay for at numerous prices over a designated period.

Substitutes

Goods or services that can be used in place of each other, with the capability of satisfying similar consumer needs or desires.

Coors

A well-known brewing company based in Golden, Colorado that produces a wide range of beers.

Budweiser

A popular American beer brand known for its lager.