Identify a Disadvantage of an Instant Online Storefront

question 16

Multiple Choice

Identify a disadvantage of an instant online storefront.

• A) the store is based on a template and may look very similar to other online stores
• B) the store can be ready in minutes
• C) the store cannot accept credit cards
• D) none of the above

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Definitions:

Taxes

Compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization.

Positive Externality

A benefit that affects a party who did not choose to incur that benefit, often leading to underproduction of the good or service in absence of intervention.

Education

The systematic process of facilitating learning, acquiring knowledge, skills, values, and attitudes.

Positive Externality

A benefit that affects a party who did not choose to incur that benefit, typically not reflected in the market price, like vaccination.