Which Statement Best Describes B2C Digital Marketing

question 93

Multiple Choice

Which statement best describes B2C digital marketing?

• A) B2C digital marketing involves online sale of services as much as physical goods.
• B) B2C transactions account for most of the digital marketing activity.
• C) B2C digital marketing facilitates transactions between organizations.
• D) Service providers prefer the B2B model to B2C as there is not enough scope for service transactions in B2C digital marketing.

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Definitions:

MPP

Marginal Physical Product, the additional output resulting from the use of one more unit of a variable input, holding all other inputs constant.

MRP

Marginal Revenue Product; the additional revenue generated from employing one more unit of a resource or factor of production.

Substitution Effect

The change in demand for a good or service that occurs when its price increases or decreases, leading consumers to substitute it with other goods or services that are relatively more or less expensive.

Output Effect

The impact on the total production of goods and services in an economy resulting from changes in demand, supply, technology, or factors of production.