An Example of a ____ Activity Is When a Consumer

question 20

Multiple Choice

An example of a ____ activity is when a consumer goes online to purchase environmental friendly items on Reuseit.

• A) B2B
• B) B2E
• C) C2C
• D) B2C

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Definitions:

Skateboards

A type of sport equipment used primarily for the activity of skateboarding, consisting of a board with wheels attached.

Total Surplus

The sum of consumer surplus and producer surplus in a market, representing the total net benefit to society from the production and consumption of a good or service.

Trade

Trade involves the exchange of goods or services between parties, which can be within an economy or between nations, aiming to benefit from the acquisition or sale.