Which of the Following Is Not One of the Factors

question 56

Multiple Choice

Which of the following is not one of the factors listed in your textbook as a reason why consumers and businesses have been slow to embrace mobile commerce?

• A) Concerns about privacy and security
• B) Consumers find mobile devices too complicated to use for commerce
• C) Limited and inconvenient mobile payment options
• D) Lack of technological standardization devices, OSs, browsers, etc.)

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Definitions:

AVC

Average Variable Cost represents the variable costs (like materials and labor) associated with producing each unit of output.

ATC

Average Total Cost, the total cost of production divided by the quantity of output produced, encompassing both fixed and variable costs.

MC

Short for Marginal Cost, it refers to the change in total cost that arises when the quantity produced is incremented by one unit.

MR

Marginal Revenue, the additional income that is gained from selling one more unit of a good or service.