Which of These Statements About Cost and Its Impact on Online

question 77

Multiple Choice

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

• A) Dynamic pricing is commonly used online because there is no need to respond quickly to changes in supply and demand conditions.
• B) The margin for online offerings is usually higher than those purchased in traditional marketplaces.
• C) Dynamic pricing is the most commonly used pricing strategy for Internet purchases.
• D) Any price advantage for online purchases is lost in shipping and handling fees.
• E) Lower costs for external information search is one of the major reasons for the popularity of online shopping.

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Definitions:

Neanderthals

An extinct species or subspecies of archaic humans who lived in Eurasia until about 40,000 years ago, closely related to modern humans.

Coexisted

Refers to the occurrence of two or more species, populations, or entities living together in the same environment at the same period in time.

Darwin

Charles Darwin, a 19th-century naturalist known for his contributions to the science of evolution and the theory of natural selection.

Billion Years

A time span equivalent to 1,000 million years, often used in the context of Earth's age or the time span of cosmic events.