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All of the Following Are Major Social Trends in E-Commerce

question 26

Multiple Choice

All of the following are major social trends in e-commerce in 2016-2017 except for:


Definitions:

Consumption

The action of using up a resource or goods in the process of fulfilling human needs or wants.

Income

Earnings received by an individual or entity, usually in the form of wages, salaries, or investments.

Interest Rate

The percentage of a loan charged to the borrower as interest, usually shown as an annual rate of the outstanding loan amount.

Utility Function

A mathematical representation in economics of a consumer's preference ordering over a set of goods and services.

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