Buyer Power on the Internet Is the Result of All

question 32

Multiple Choice

Buyer power on the internet is the result of all the following except ________.

• A) product availability
• B) product costs
• C) large amount of information
• D) willingness of sellers to negotiate

---

Definitions:

Variable Cost

Charges that fluctuate according to the volume of production.

Monthly Interest Rate

The interest rate for a period of one month, often used to calculate the interest on loans and financial products on a monthly basis.

Cash Basis

An accounting method where revenues and expenses are recognized only when cash is received or paid.

Net 30 Credit Policy

A payment term indicating that payment is due in full 30 days after the goods or services have been delivered.