Which of the Following Would Not Be Considered an Advantage

question 48

Multiple Choice

Which of the following would not be considered an advantage of ebusiness?

• A) Expanding global reach
• B) Opening new markets
• C) Reducing costs
• D) Reducing information reach

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Definitions:

Market Equilibrium

A condition where the quantity supplied equals the quantity demanded at the market price.

Price Ceiling

A price ceiling is a government-imposed limit on the price charged for a product, intended to ensure the good remains affordable for consumers.

Widgets

A generic term for any hypothetical or unspecified product or manufactured good used in discussions of business and economics.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product or service.