Suggesting Items to Internet Customers Based on Their Buying Patterns

question 89

Multiple Choice

Suggesting items to Internet customers based on their buying patterns

• A) is from the collection and analysis of customer purchase data
• B) is known as "shop at one location"
• C) has increased sellers' inventory levels
• D) all of the above

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Definitions:

Factor Of Production

Resources utilized in the creation of goods and services, including land, labor, capital, and entrepreneurship.

Constant Returns To Scale

a condition in production where increasing the inputs by some proportion leads to an increase in output by the same proportion.

Physical Capital

Physical assets including facilities, tools, and machines utilized for manufacturing products and providing services.

Structures

The arrangement or organization of interconnected elements, which can pertain to physical buildings or systemic frameworks within a context.