Identify the E-Commerce Business Model That Brings Sellers and Buyers

question 59

Multiple Choice

Identify the e-commerce business model that brings sellers and buyers together on the Web and collects commissions on transactions between these parties.

• A)The merchant model
• B)The brokerage model
• C)The advertising model
• D)The infomediary model

Comprehend the impact of fixed and variable costs on total cost, and how each changes with output levels.

Analyze cost behavior in the short run using various cost curves and identify the points of diminishing returns.

Understand the effect of an additional unit’s score on the overall average in a dataset.

Calculate profit or loss in a competitive market based on production costs and market price.

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Definitions:

Electra Complex

is a psychoanalytic theory proposing that a girl's psychosexual competition with her mother for possession of her father.

Oedipal Complex

A concept in psychoanalytic theory describing a child's feelings of desire for their opposite-sex parent and jealousy towards their same-sex parent.

Castration Anxiety

A concept in psychoanalytic theory referring to a child's fear of losing their genitalia, believed to play a role in the development of certain complexes and behaviors.