Why Does Amazon

question 6

Multiple Choice

Why does Amazon.com need to worry about competitors in online shopping?

• A)E-commerce is affected by the law of diminishing returns.
• B)Internet technologies are universal,and therefore usable by all companies.
• C)Internet shopping produces cost transparency.
• D)The Internet enables the production or sales of substitute products or services.
• E)The Internet increases switching costs.

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Definitions:

Medicare Withholding

The portion of an individual's income that is deducted for Medicare, which is a form of health insurance typically for individuals aged 65 and older.

FSA

A Flexible Spending Account, which is a special account used for setting aside pre-tax dollars for eligible healthcare and dependent care expenses.

Retirement Plan

A financial arrangement designed to replace employment income upon retirement, including plans like 401(k)s and IRAs.

1099 Form

A tax form in the United States that reports various types of income other than wages, salaries, and tips.