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Question 1 With all else being equal in the online environment, goods with any of the following product characteristics are expected to facilitate greater online sales except Choose one answer. a. relatively expensive items. b. high brand recognition. c. digitized format. d. frequently purchased items. Question 2 The effect upon sales of consumers receiving a referral or recommendation from other consumers defines Choose one answer. a. location-based economy. b. referral economy. c. regional economy. d. viral marketing. Question 3 An online seller of travel services that generates revenue by charging fees for its services is an example of a Choose one answer. a. market maker. b. transaction broker. c. content disseminator. d. viral marketer. Question 4 B2B transactions that involve communication, design, planning, information sharing, and activities beyond financial transactions among business partners defines Choose one answer. a. exchanges. b. collaborative commerce. c. trading communities. d. public marketplaces. Question 5 E-commerce that focuses on a single company's buying needs or selling needs best defines Choose one answer. a. computer exchange. b. business-to-business e-commerce. c. private marketplace. d. company-centric EC. Question 6 E-procurement limitations and challenges include each of the following except Choose one answer. a. the technology needs to be updated frequently. b. the system may be too complex. c. the cost may be too high. d. the ease of getting suppliers to cooperate electronically. Question 7 Expanding access to information for people with disabilities is a performance objective of which category of e-government? Choose one answer. a. G2C b. G2B c. G2G d. IEE Question 8 Potential drawbacks of e-learning include each of the following except Choose one answer. a. instructors must be retrained. b. knowledge retention is lower than in traditional classrooms. c. assessment issues remain to be resolved. d. the intellectual property of content developers must be protected. Question 9 Which of the following is the e-government category that includes activities within government units and those between governments? Choose one answer. a. government-to-unit b. government-to-practice c. government-to-government d. government-to-business Question 10 Which of the following is a Web 2.0 e-learning technology that offers almost 400 e-learning products, including a comprehensive library of Web-based classroom, distance-learning, and self-study curricula? Choose one answer. a. IBM Workplace Collaborative Learning 2.0 software b. Macromedia c. eCollege d. ComputerPrep
Suppose the production function is given by Q= 5K + 6L. What is the average product of labor when 8 units of capital and 10 units of labor are employed?
The long-run equilibrium for a perfectly competitive firm is zero-profit equilibrium. Does this mean that owners of these firms have no income? Explain.
The model of the economy
Differentiate the real exchange rate and the nominal exchange rate and describe two reasons why purchasing power parity does not hold for all goods and services.
Write down the Lagrangean function associated with this problem and derive the first-order conditions for this problem.
Explain how the break-even quantities and operating leverages are affected by the relationships between fixed and variable costs.
1. construct a numerical example to show that as marginal product mp rises marginal cost mc falls. explain your answer
Explain the equimarginal principle. Describe and explain a monopolist’s output decision. Explain why a price-fixing cartel is difficult to maintain. Put in plain words the concepts of adverse-selection and moral hazard. Explain the consequences of a ..
You have been appointed economic advisor to Exam land. The mpc is 0.6; investment is $1000; government spending is $8000; consumption is $10000;
What is "trade dress"? What is the major factor in cases involving trade dress infringement? Does that factor exist in this case? Justify your answers using information from your reading and be sure to
Suppose that she invests in a college education, expecting to get a better and higher wage job. Show how her optimal stock of health capital changes by the age of 30 due to the increased wage.
give the definitions for marginal rate of substitution mrs and the price ratio. then explain them in your own words
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