Which of the Following Best Describes B2C E-Commerce

question 8

Multiple Choice

Which of the following best describes B2C e-commerce?

• A) Consumers selling to each other, such as an online auction
• B) Businesses selling to each other, such as technical support or training
• C) The sale of goods and services to the general public
• D) Commerce restricted to the sale of financial goods and services

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Definitions:

Activity Level

In cost accounting, this refers to the volume of production or operations, impacting variable costs and potentially influencing budgeting and performance measures.

Contribution Margin

The contribution margin is the difference between sales revenue and variable costs, showing how much revenue contributes to fixed costs and profit.

Variable Costs

Expenditures that fluctuate based on the production levels or the number of sales.

Break-Even Point

The point at which total costs and total revenue are equal, meaning there is no net loss or gain.