Which of the Following Statements Is Not True

question 6

Multiple Choice

Which of the following statements is not true?

• A)In 2012, apps accounted for a small but growing amount of e-commerce revenues.
• B)The amount of data the average American consumes each day is decreasing.
• C)E-books today account for about half of all book sales.
• D)Computing and networking component prices are continuing to fall dramatically.

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Definitions:

Operating Profit

The earnings of a business from its core operations, excluding the effects of interest and taxes.

Mark-up

The surplus added onto the base cost of products intended to cover operational costs and generate profit.

Unit Cost

The financial outlay required for the production, storage, or acquisition of an individual product or service unit.

Mark-up

The difference between the cost of a good or service and its selling price, expressed as a percentage of the cost.