What Does It Mean When We Say M-Commerce Applications Level

question 4

Multiple Choice

What does it mean when we say m-commerce applications level the playing field for shoppers?

• A) Consumers can deal directly with the sellers just like using eBay.
• B) m-commerce means tax free shopping in many states.
• C) It makes the market a buyer's market.
• D) Consumers can comparison shop on the price and features of a product.
• E) all of the above

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Definitions:

Annual Dividend

The total amount of money paid by a company to its shareholders in the form of dividends over a year.

Gross Domestic Product

A measure of the economic output of a country, calculated as the total value of all goods and services produced within the country's borders in a specific time period.

Market Value

The current price at which an asset or service can be bought or sold, determined by supply and demand.

Intermediate Goods

Goods that are used in the production process of other goods and are not sold directly to end consumers.