In Electronic Commerce,________ Is Defined as the Percentage of Single-Page

question 7

Multiple Choice

In electronic commerce,________ is defined as the percentage of single-page visits.

• A) exit rate
• B) showrooming
• C) freecycling
• D) bounce rate
• E) value chain analysis

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Definitions:

Marginal Cost

The additional cost incurred by producing one more unit of a good or service.

Marginal Benefit

The additional benefit derived from producing one more unit of a good or service.

Accounting Profit

The total revenue of a business minus its explicit costs; essentially the net income reported on the financial statements.

Economic Profit

The difference between the total revenue received by a business and the total costs, including both explicit and implicit costs.