What Is the Ebusiness Model That Represents 80% of All

question 288

Multiple Choice

What is the ebusiness model that represents 80% of all online businesses and are typically more complex requiring greater security needs?

• A)Consumer-to-consumer
• B)Business-to-consumer
• C)Consumer-to-business
• D)Business-to-business

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Definitions:

Demand Rises

An increase in the quantity of a product or service that consumers are willing and able to purchase at a given price level.

Given Demand Curve

A graphical representation of the relationship between the price of a good or service and the quantity demanded by consumers at various price levels.

Excess Quantity Demanded

A situation where the quantity demanded of a good or service exceeds the quantity supplied at a particular price.

Equilibrium Price

The market price at which the quantity of goods supplied is equal to the quantity of goods demanded.