___________ Is the Main Drawback to E-Commerce

question 92

Multiple Choice

___________ is the main drawback to e-commerce.

• A) Availability
• B) Convenience
• C) Cost
• D) Security

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Definitions:

Utility Schedule

A table or graph that shows the satisfaction or utility a consumer derives from consuming different quantities of a good or service.

Total Utility

The overall satisfaction or enjoyment a person gets from consuming a certain quantity of goods or services.

Marginal Utility

The boost in contentment or usefulness someone achieves from consuming an additional item of a good or service.

Consumer Surplus

The variance between the price consumers intend to pay for a good or service and the price they actually incur.