EBay Is an Example of Which Type of ___ Technology

question 72

Multiple Choice

eBay is an example of which type of ___ technology?

• A) mediating
• B) long-linked
• C) intensive
• D) continuous-process
• E) service

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Definitions:

Demand

Pertains to the amount of a good or service that buyers are prepared and capable of buying at different price levels over a specified time frame.

Price Discrimination

The strategy of selling the same product at different prices to different customers, based on willingness to pay, without corresponding cost differences.

Price Discrimination Strategy

A pricing strategy where a company sells the same product to different buyers at different prices, based on what the seller believes each customer is willing to pay.

Products Online

Goods or services offered for sale on the internet, encompassing a wide range of items from clothing to software, facilitating easier access and broader choices for consumers.