Which of the Following Is a Price Advantage of Electronic

question 58

Multiple Choice

Which of the following is a price advantage of electronic commerce from the consumer's viewpoint?

• A) Decreased opportunity to get lower prices for many products and brands.
• B) Credit card and other personal information perceived to be at risk.
• C) Shipping costs and costs of returning unacceptable merchandise may decrease price.
• D) Difficult to pay with cash or check.
• E) Increased cost and price information for many products and brands

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Definitions:

Share Of The Economy

Represents the proportion or segment of the economy attributed to specific sectors, businesses, or activities.

Increasing

Describes a situation or quantity that is becoming larger or more in number over time.

Labor Productivity

The measure of economic output per unit input of labor, typically assessed as output per worker or per work hour.

High-Wage Nation

A country where the average salary and wages are significantly higher than the global average.