Which of the Following Refers to the Displacement of Market

question 63

Multiple Choice

Which of the following refers to the displacement of market middlemen and the creation of a new direct relationship between producers and consumers?

• A) network effect
• B) disintermediation
• C) friction-free commerce
• D) first mover advantage

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Definitions:

Red Cones

Photoreceptor cells in the retina that are sensitive to red light, playing a critical role in color vision.

Color-blind

A visual impairment in which an individual has difficulty distinguishing between certain colors, typically red and green or blue and yellow.

Protanopia

A type of color blindness where individuals have difficulty distinguishing between red and green colors.

Deuteranopia

A type of red-green color blindness caused by the absence of or defect in the green cone cells in the eye.