Service and Support Are More Important in Traditional Commerce Than

question 77

True/False

Service and support are more important in traditional commerce than in e-commerce.

---

Definitions:

Comparative Advantage

The ability of an individual or economy to produce goods or services at a lower opportunity cost than others.

Opportunity Cost

Giving up potential gainful opportunities from other choices by selecting a specific option.

Talented People

Individuals who possess a high level of skill, ability, or aptitude in specific areas or activities.

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost relative to others.