The _____ E-Commerce Model Is an Example of Citizens Sending

question 90

Multiple Choice

The _____ e-commerce model is an example of citizens sending their income tax returns online rather than through the mail.

• A) G2C
• B) C2G
• C) G2B
• D) G2G

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Definitions:

Factor Prices

The prices paid for the use of factors of production, such as labor, capital, and land, in the production process.

Output Cost

The total expenses incurred in the process of producing goods or services, including both fixed and variable costs.

Long-Run Total Cost

The aggregate cost of production when all factors of production, including capital and labor, are variable in the long term.

Profits Maximization

The process or strategy employed by a business to increase its net earnings and achieve the highest level of profit possible.