Which of the Following Types of E-Commerce Involves Businesses Selling

question 99

Multiple Choice

Which of the following types of e-commerce involves businesses selling goods and services directly to individuals via the Internet?

• A)B2C e-commerce
• B)B2B e-commerce
• C)C2C e-commerce
• D)M-commerce
• E)P2P e-commerce

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Definitions:

Competitive Market

A market structure characterized by a large number of firms, none of which can influence market price by acting alone.

Identical Firms

Companies within a market that produce homogeneous products or services with no distinct differences from the consumer's perspective.

Market Supply Curve

The market supply curve is a graphical representation that shows the relationship between the quantity of goods that producers are willing to sell and the price of these goods.

Competitive Market

A market structure in which many firms offer products or services that are similar, allowing consumers to have choices, leading to lower prices due to competition.