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:

Autonomy

The capacity to make an informed, uncoerced decision; in healthcare, it refers to a patient's right to make decisions about their own medical treatment.

Incarceration

The act of detaining individuals in prison as a form of punishment following the commission of a crime.

Morally Legitimate

Considered ethically acceptable or justifiable according to moral principles or ethical standards.

Informed Consent

A process by which a person voluntarily confirms their willingness to participate in a particular activity, after being informed of all the risks, benefits, and alternatives.