What Is the Difference Between a B2C and a C2B

question 82

Multiple Choice

What is the difference between a B2C and a C2B?

• A) B2C focuses on companies as customers and C2B focuses on consumers as customers.
• B) B2C focuses on collaboration and C2B focuses on consumers.
• C) B2C focuses on business to consumers and C2B focuses on consumers to business.
• D) B2C focuses on consumers as customers and C2B focuses on companies as customers.

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Definitions:

Law of Demand

An economic principle stating that as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa, holding all else constant.

Prices

The amount of money required to purchase goods or services, typically set by supply and demand dynamics in the market.

Scarce Resources

Refers to the limited availability of resources that are used for the production of goods and services.

Classified Ads

Short advertisements placed in a bulletin, newspaper, or online platform, categorized by the type of product, service, or job offered.