Rather fluctuate based on supply and demand

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Reference no: EM132105384

1. Which of the following is NOT considered an e-commerce activity?

A. E-catalogs

B. Trade, buy, sell, exchange

C. Improve performance

D. Communicate, collaborate, learn

2. Describes prices that are not fixed, but rather fluctuate based on supply and demand.

A. Variable pricing

B. Fixed pricing

C. Dynamic pricing

D. Stable pricing

3. In a forward auction where a seller entertains bids from multiple buyers, such as the “Power Lunch with Warren Buffet” example, price tends to ________ as the number of bids increase.

A. Decrease

B. Increase

C. Does not change

D. None of the above

Reference no: EM132105384

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