Which of the Following Is Not True Regarding E-Commerce Today

question 39

Multiple Choice

Which of the following is not true regarding e-commerce today?

• A) Economists' visions of a friction-free market have not been realized.
• B) Consumers are less price-sensitive than expected.
• C) There remains considerable persistent price dispersion.
• D) The market middlemen disappeared.

---

Definitions:

Crowd Behavior

The study of how individuals in a crowd influence and are influenced by others, often resulting in collective behavior that is different from what they would exhibit individually.

Sports Fans

Individuals passionately interested in following and supporting specific sports, teams, or athletes.

Convergence Theory

A theory that suggests collective action and social movements arise from individuals with similar issues, ideas, or desires naturally coming together.

Collective Movements

implies coordinated group actions or social movements aimed at achieving a common goal or addressing a shared issue.