The Online Exchange of Goods and Information Between Final Consumers

question 145

Multiple Choice

The online exchange of goods and information between final consumers is called .

• A)C2C
• B)B2C
• C)C2B
• D)B2B
• E)social networking

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Definitions:

Algorithms

Procedures or formulas for solving problems, often used in mathematics and computer science to perform specific tasks or calculations.

Overconfident

A psychological state characterized by an individual's unwarranted belief in their own abilities or the accuracy of their knowledge, often leading to risk-taking behaviors.

Base-Rate Information

Statistical information about the frequency of events or characteristics within a given population.

Availability Heuristic

An intuitive leap based on readily recalled examples when considering a particular subject, notion, approach, or judgment.