Which Type of E-Commerce Model Typically Requires the Use of an Intermediary

question 149

Multiple Choice

Which type of e-commerce model typically requires the use of an intermediary organization to complete transactions?

• A)E-BB
• B)G2C
• C)C2C
• D)C2B

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Definitions:

Separating Equilibrium

A concept in game theory where different types of participants (players) choose different strategies, revealing their type in the process.

Pooling Equilibrium

An outcome where market participants with different characteristics choose indistinguishable actions, making it impossible to differentiate between them based on their choices.

Microeconomics

The branch of economics that studies individual agents and markets, their interactions, and the outcomes of these interactions.

Wage Cut

A decrease in the amount of wages that employees earn.