Explain Competition in the Internet Ecosystems

question 4

Essay

Explain competition in the Internet ecosystems.Explain how lower search costs for buyers has intensified EC competition.

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Definitions:

Midpoint

The value that lies exactly in the middle between the highest and lowest values of a data set, often used in the calculation of class intervals.

Equal Share

A concept where a total amount or resource is divided equally among the participants or entities involved.

Measure Of Variability

A statistical metric used to describe the spread or dispersion of a set of data points.

Midrange

The midpoint of the range of a set of values, calculated by averaging the maximum and minimum values.