Which of the Following Statements About Cost and Its Impact

question 108

Multiple Choice

Which of the following statements about cost and its impact on online shopping is most accurate?

• A)Dynamic pricing is commonly used online because there is no need to respond quickly to changes in supply and demand conditions.
• B)The margin for online offerings is usually higher than those purchased in traditional marketplaces.
• C)Dynamic pricing is the most commonly used pricing strategy for Internet purchases.
• D)Any price advantage for online purchases is lost in shipping and handling fees.
• E)Lower external information search costs is one of the major reasons for the popularity of online shopping.

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Definitions:

Too Long

A description indicating that something has exceeded an expected or desired length, duration, or extent.

Mobility Aid

Device that improves one’s ability to move from one place to another; also called mobility assistive device.

Adjustable

Capable of being modified or altered to suit different conditions or a user's needs.

Rubber-Tipped

Rubber-tipped refers to a tip or cover made of rubber material, commonly used on tools or devices to provide protection, grip, or as a non-conductive or non-scratch surface.