Which of the Following Is True About Shopping Bots

question 26

Multiple Choice

Which of the following is true about shopping bots?

• A)They encourage a more creative use of advertising.
• B)They create opportunities for prestige pricing.
• C)They search the Web for the best price for a product.
• D)They create inelastic demand.

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Definitions:

Premium Price

A price that is higher than the usual or standard price, often reflecting higher quality, limited availability, or additional features.

Share Exchange

A transaction where shares of one company are exchanged for shares of another, typically as part of mergers or acquisitions.

Hostile Takeover

A type of acquisition where one company attempts to take control of another without the consent or cooperation of the target company's management or board.

Depreciable Assets

Long-term assets, such as buildings or equipment, whose cost is allocated over the useful life of the asset reflecting wear and tear or obsolescence.