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For a Small-To-Medium Enterprise, the Benefits of Setting Up an E-Commerce

question 9

Multiple Choice

For a small-to-medium enterprise, the benefits of setting up an e-commerce store front include (choose all that apply) :

Learn to specify orientation tolerances for controlling angular relationships within parts.
Understand the elements and purposes of the datum-target symbol.
Identify the symbols for points, lines, and areas on datum features.
Grasp the function and display of dimensions locating target areas.

Definitions:

Law Of Supply

The principle that, all else equal, an increase in the price of goods will lead to an increase in the quantity supplied.

Good

An item or service that satisfies human wants and provides utility, which can be transferred or sold.

Sellers

Individuals or entities that offer goods or services in exchange for monetary or other forms of compensation.

Producer Surplus

Producer surplus is an economic measure of the difference between the amount a producer is paid for a good compared to the minimum amount they would accept to produce that good.

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