Wanelo Enables Users to Share Products They 'Want,need,love',which Are Linked

question 22

Multiple Choice

Wanelo enables users to share products they 'want,need,love',which are linked to the product's page on the retailer's website,enabling conversion from browsing to truly buying.This is an example of which of the following social commerce applications?

• A)Social shopping portal.
• B)Social media storefront.
• C)'Shop Together' tool.
• D)A group buy tool.
• E)'Ask Your Network' tool.

---

Definitions:

Revealed Preference

A theory suggesting consumers' preferences can be inferred from their purchasing habits.

Prices

Monetary values assigned to goods and services in a market, determining how resources are allocated among consumers and producers.

Weak Axiom

A less stringent rule or principle that is accepted as valid, often used in economic theories to make assumptions about consumer behavior.

Revealed Preference

An economic concept suggesting that the choices consumers make reflect their preferences, assuming that their decisions will maximize their satisfaction.