Market Creators

question 12

Multiple Choice

Market creators

• A)save users money and time by processing online sales transactions.
• B)provide a digital environment where buyers and sellers can establish prices for products.
• C)create revenue by providing digital content over the Web.
• D)sell physical products directly to consumers or individual businesses.
• E)generate revenue from advertising or from directing buyers to sellers.

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Definitions:

Shipbreaking

The process of dismantling an obsolete vessel's structure for scrapping or disposal.

Public Good

A product or service that is provided without profit to all members of a society, either by the government or by a private individual or organization.

Non-excludable

Characterizes goods or services that cannot easily prevent people who do not pay from consuming or using them, such as public goods.

Non-rivalrous

A characteristic of a good whereby one person's use does not diminish the utility or availability of that good for others.