Which Type of Electronic Commerce Does Amazon Practice

question 10

Multiple Choice

Which type of electronic commerce does Amazon practice?

• A) business-to-employee
• B) consumer-to-consumer
• C) consumer- to-business
• D) business-to-consumer
• E) employee-to-business

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Definitions:

Production

The process of creating, growing, manufacturing, or improving goods and services.

Total Variable Cost

The sum of expenses that vary directly with the level of production or output, such as materials and labor.

Total Fixed Cost

The sum of all costs required to produce a good or service that do not change with the level of output.

Marginal Revenue (MR)

The additional revenue that a firm receives from selling one more unit of a good or service.