Another Name for an E-Marketplace Is a

question 105

Multiple Choice

Another name for an e-marketplace is a

• A)WebXChange.
• B)WebMart.
• C)2B1 marketplace.
• D)C2C market forum.
• E)B2B exchange.

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Definitions:

Labor Employment

The engagement of workers in the workforce to perform tasks in exchange for wages or salaries.

Marginal Product

The additional output produced as a result of utilizing one more unit of a particular input.

Marginal Revenue

The additional income received from selling one more unit of a good or service.

Optimal Employment

The level of employment where the economy is at its most efficient, producing the maximum output without causing inflationary pressures.