Examlex
Identify the eight unique features of e-commerce technology and explain how these features set e-commerce apart from more traditional ways of conducting commercial transactions.
Capacity
The maximum output level that a firm, industry, or economy can sustain under the current conditions.
Efficiently
The ability to achieve a desired result without wasting materials, time, or energy.
Scarcity
The fundamental economic problem of having seemingly unlimited human wants in a world of limited resources, leading to the necessity of making choices.
Economize
The act of reducing waste or optimizing the use of resources to save money or achieve greater efficiency.
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