You Are Taking an Economics Class, as Part of Which

question 19

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 have learned that vending machines in Japan allow shoppers to hold their cell phones in front of the machine in order to make a purchase using the smartphone. Which of the following types of commerce does this exemplify?

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

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Definitions:

Loyalty

A strong feeling of support or allegiance to someone or something.

Anomie

A state or condition of society where there is a breakdown or absence of social norms and values, often leading to a sense of aimlessness or despair.

Bowling leagues

Organized groups of teams that compete in bowling tournaments, often serving as social gatherings in addition to competitive events.

Virtual community

A group of people who share interests, values, or goals and interact with each other over the internet.