You Are Taking an Economics Class, as Part of Which

question 74

Multiple Choice

You are taking an economics class, as part of which you are studying the various types of e-commerce.As part of your research, you've learned about the flourishing business in online auctions, in which an individual user bids on something being sold by another person.Which of the following types of commerce does this exemplify?

• A)C2C
• B)m-commerce
• C)B2B
• D)C2B

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Definitions:

Postconventional Morality

A stage of moral development where individuals make decisions based on ethical principles and personal conscience, transcending societal norms.

Universal Moral Principles

Fundamental ethical guidelines that are believed to be universally applicable to all individuals regardless of culture, time, or situation.

Kohlberg's Level

Refers to the stages of moral development outlined by psychologist Lawrence Kohlberg, which theorize how human morality progresses through different stages as individuals age.

Parenting Style

The manner in which parents raise and guide their children, involving strategies and approaches to discipline, communication, and nurturing.