You Are Taking an Economics Class, as Part of Which

question 34

Multiple Choice

You are taking an economics class, as part of which you are studying the various types of e-commerce. ​
A major search engine is preparing to provide web-based purchasing, tracking, and transaction downloading capabilities to corporations. This is an example of what kind of commerce?

• A) B2B
• B) B2C
• C) m-commerce
• D) C2C

Identify examples of government policies aimed at addressing externalities.

Recognize the social costs associated with pollution as part of negative externalities.

Understand the concept of technology spillover and its classification as an externality.

Distinguish between command-and-control and market-based policies for correcting externalities.

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Definitions:

Acquiring Company

A company that purchases or acquires another company, typically to expand its operations or enter new markets.

Insolvent

A firm is technically insolvent when it can’t pay its short-term debts. Legal insolvency implies the firm’s liabilities exceed its assets.

Liabilities

Financial obligations or debts that a company owes to others, such as loans, accounts payable, and mortgages.

Assets

Economic resources owned or controlled by a business or individual, expected to produce future economic benefits.