Which of the Following Statements About M-Commerce Is Not True

question 44

Multiple Choice

Which of the following statements about m-commerce is not true?

• A) In 2012, m-commerce represented less than 10 percent of all e-commerce.
• B) M-commerce is the fastest growing form of e-commerce.
• C) M-commerce annual revenues are approximately $30 billion.
• D) In 2012, the top-grossing category of m-commerce was e-book sales.

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Definitions:

Pure Monopolist

A single supplier in a market who has complete control over the price and supply of a unique product or service, without any close substitutes.

Profit-Maximizing

A strategic goal of firms to achieve the highest possible profit from their operations, often through efficient production and pricing strategies.

Nondiscriminating Pure Monopolist

A monopolist who charges all consumers the same price for its product, without price discrimination.

Profit-Maximizing

The process of adjusting production and sale strategies to achieve the highest possible profit.