Which Type of E-Commerce Occurs When a Business Sells Products

question 52

Multiple Choice

Which type of e-commerce occurs when a business sells products and services to customers who are primarily individuals?

• A) B2B
• B) B2C
• C) C2C
• D) C2B

Comprehend definitions and criteria for legal and fiscal independence within governmental entities.

Understand the sequence and purpose of steps in the accounting cycle.

Comprehend the role and execution of the closing process in accounting.

Identify the types of accounts that are categorized as current assets and liabilities.

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Definitions:

Substitution

The process of replacing one item with another due to changes in price, preference, or functionality.

Satisfaction

The feeling of pleasure or contentment that comes from fulfilling a desire, expectation, or need, or achieving a goal.

Marginal Rate

The rate at which one additional unit of something affects an outcome, often used in the context of taxes or production.

Substitution

The economic concept where consumers replace more expensive items with less costly alternatives, influencing demand and market dynamics.