To Help with Comparison Shopping, a Variety of Comparison Shopping

question 21

True/False

To help with comparison shopping, a variety of comparison shopping Web sites- sometimes called shopping carts-are available to gather prices and shipping information from multiple sites for a particular product, and then summarize the results to help locate the best buys from potential vendors.

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Definitions:

Profit

The financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Inflation Rate

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Risk-free Rate

The theoretical return on investment with no risk of financial loss, often represented by the yield on government securities.

Exchange Rate

The price of one country's currency in terms of another, essential for currency exchange and international trade.