Which of the Following Is an Example of How the Internet

question 119

Multiple Choice

Which of the following is an example of how the Internet affects prices and distribution?

• A) Consumers use smart phones to compare prices as they shop, leading to price matching guarantees from retailers.
• B) Apple distributes iBooks via its digital bookstore, reducing prices of high school textbooks by almost 90%.
• C) Marketers are using smartphone apps to target shoppers in stores who are looking for information about products.
• D) Amazon installed Amazon Lockers in grocery, convenience and drugstores that accept packages for customers to pick up later.
• E) all of the above

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Definitions:

Demanded

Describes the quantity of a good or service that consumers are willing and able to purchase at a given price at a specific time.

U.S. Tariff

Taxes imposed by the United States on imported goods to protect domestic industries and generate revenue.

Steel

A hard, strong alloy made primarily of iron and carbon, used extensively in construction and manufacturing.

Imports

Goods and services that are brought into a country from abroad for sale.