More and More Services, Such as Electronic Banking, Are Being

question 8

Multiple Choice

More and more services, such as electronic banking, are being offered for users of smartphones.What type of service is this?

• A)electronic business
• B)electronic commerce
• C)mobility commerce
• D)mobility applications

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Definitions:

Proportion

A comparative relationship between parts of a whole, expressed as a ratio or fraction, indicating the relative size or significance of each part.

Equilibrium

A state in an economic model where supply equals demand, and all agents in the market are at a balance with no incentive to change their behavior.

Hawk-Dove Game

A theoretical model in game theory explaining how contests can settle disputes over resources without the contenders engaging in actual fighting, focusing on the strategies of showing aggression versus submission.

Payoff

The return or reward received from an investment or decision.