In the World of E-Commerce, Your Business Should Be Able

question 29

Multiple Choice

In the world of e-commerce, your business should be able to distinguish between which of the following?

• A) Mobile computing and traditional, hard communication devices
• B) Web based computing and database management
• C) Alternative operating environments such as Mac OS and Windows
• D) End consumers and other businesses

---

Definitions:

Equilibrium

A state in economic analysis where supply equals demand, leading to stable prices and quantities in the market.

Price

The price in terms of money anticipated, needed, or given for purchasing something.

Supply

Supply is the total amount of a good or service available to consumers, often influenced by price, production costs, and market demand.

Quantity

The amount or number of a material or immaterial good considered as a unit or in total.