Modified Multiple Choice E-Business Models Are Often Defined by the Ultimate

question 87

Multiple Choice

Modified Multiple Choice E-business models are often defined by the ultimate consumer of the online products or services, such as ____.

• A) business-to-employee (B2E)
• B) business-to-college (B2C)
• C) business-to-business (B2B)
• D) consumer-to-consumer (C2C)

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Definitions:

Earrings

Jewelry worn on the earlobe or through another part of the ear, typically as a form of personal adornment.

Income

The monetary payment received by an individual or household from various sources like work, investments, or transfers, over a specified period.

Consumer's Surplus

The difference between the total amount consumers are willing and able to pay for a good or service and the total amount they actually pay.

Demand Function

The demand function is a mathematical representation that describes the quantity of a good that consumers are willing and able to purchase at various prices.