E-Business Uses Internet Technologies to Work and Empower _______________

question 129

Multiple Choice

E-business uses Internet technologies to work and empower _______________.

• A) business processes
• B) electronic commerce
• C) collaboration among business teams
• D) All of the choices are correct.

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Definitions:

Surplus

The situation in which the quantity of a product supplied exceeds the quantity demanded at a given price; excess supply.

Equilibrium Price

The market price at which the quantity of a good supplied is equal to the quantity demanded.

Bushels Demanded

The quantity of a commodity, measured in bushels, that consumers are willing to purchase at a given price.

Bushels Supplied

A measurement reflecting the quantity of a commodity, like grain, provided for sale at a given time.