Which of These Statements About Cost and Its Impact on Online

question 30

Multiple Choice

Which of these statements about cost and its impact on online shopping is most accurate?

• A) Dynamic pricing cannot be used online because there is a need to respond quickly to changes in supply and demand conditions.
• B) The margins for online offerings are usually higher than those purchased in traditional marketplaces.
• C) Any price advantage for online purchases is lost in shipping and handling fees.
• D) Many of the most popular items bought online can be purchased at the same price or cheaper than in retail stores.
• E) Dynamic pricing is the most commonly used pricing strategy for Internet purchases.

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Definitions:

Slave Economies

were economic systems that relied heavily on slave labor, particularly prevalent in the Americas before the abolition of slavery.

Cuba

An island nation in the Caribbean known for its significant history, including Spanish colonization, a communist revolution in 1959, and tense relations with the United States.

Brazil

The largest country in both South America and Latin America, known for its rich cultural heritage, biodiversity, and significant economic growth.

Republican Party

One of the two major contemporary political parties in the United States, also known as the GOP (Grand Old Party), founded in 1854 primarily to oppose the expansion of slavery into Western territories.