Which of the Following Statements Regarding When and Where Online

question 166

Multiple Choice

Which of the following statements regarding when and where online consumers shop and buy is most accurate?

• A)Twenty percent of online sales occur Monday through Friday.
• B)The busiest online shopping day is Wednesday.
• C)Favorite websites for workday shopping and buying include those featuring health and beauty items, and apparel and accessories.
• D)Some 20 percent of consumers say they visit websites from work.
• E)Most people buy online when they are depressed.

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Definitions:

EU

The European Union, a politico-economic union of 27 member states that are located primarily in Europe.

Euros

The European Union's official currency, used by 19 of the 28 EU member countries, known collectively as the Eurozone.

U.S. Dollar

The U.S. Dollar is the official currency of the United States, widely used as a benchmark in global financial markets.

Comparative Advantage

The ability of an entity to produce goods or services at a lower opportunity cost than others, leading to more efficient trade and production distribution.