Which of the Following Is Not True Regarding E-Commerce Today

question 39

Multiple Choice

Which of the following is not true regarding e-commerce today?

• A) Economists' visions of a friction-free market have not been realized.
• B) Consumers are less price-sensitive than expected.
• C) There remains considerable persistent price dispersion.
• D) The market middlemen disappeared.

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Definitions:

Depth of Product Line

The range of product variations offered by a company within a specific product category, reflecting the diversity in features, sizes, prices, or quality.

Large Assortment

A wide variety of products offered by a retailer or manufacturer to meet diverse customer needs and preferences.

Breadth and Depth

Terms referring to the variety and range of product lines and products offered by a business; breadth refers to the number of product lines, depth to the variety within those lines.

Merchandise Lines

The range of products that a retailer offers for sale to customers, often categorized by type, style, or function.