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3 years ago

___________is an example of a consumer-to-consumer (C2C) e-marketplace.

Business

2 answers:

Over [174]3 years ago

5 0

Answer:

the correct answer is b. A person posts information about furniture he wishes to sell on eBay and sells it to another individual who views that eBay page.

Explanation:

C2C or customer to customer refers to exchanges and transactions carried out between consumers, customers and individuals without the involvement of businesses and the government.

Oksana_A [137]3 years ago

3 0

Answer:

The correct answer is letter "B": A person posts information about furniture he wishes to sell on eBay and sells it to another individual who views that eBay page.

Explanation:

Customer-to-Customer e-marketplace takes place when two individuals, who usually do not engage in business, offer their goods online and another individual who is not part of a company either places a bid for the good or ends up buying it. Examples of these types of marketplaces are spread by Wallapop, Vibbo, or eBay.

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1. Companies like Uber, Lyft (one of Uber’s main competitors), and Airbnb (an online marketplace that enables people to lease or

mart [117]

Answer:

Globalization has led to the influx of multinationals in many developing and under developed countries. With the advancement of technology this process has increased and influenced many industries.

Uber is providing convenience to its users to fill the gap between the service provider and service user through a platform

This platform has led to bridge the gap between the user and seller of service.

This convenience can be used not only in the transportation of consumer but can also be used in carrier pick ups. Delivery of foods and mails etc.

It can also be used across industries like in medical industry to provide emergency ambulances. Bridging the gap between medical assistance by providing medical services through apps connecting doctors and patients.

It is being used in freelancing industry as well. To provide a platform for provider of service and consumer.

However in entering into different industries the legal aspects are to be considered to avoid any backlash.

5 0

4 years ago

Assume the minimum wage is increased above the previous equilibrium wage. Which of the following statements is/are correct? The

Neporo4naja [7]

Answer:

Statements IV and V are correct.

The quantity of labor supplied will increase.
The unemployment rate will increase.

Explanation:

If the minimum wage increases then more people should be willing to work (increase in the labor supply). The problem is that if the increase is above the equilibrium level, then the quantity demanded for labor will decrease, which will in turn increase the unemployment level. Less companies will be willing to hire new employees or keep current employees.

8 0

3 years ago

Lindsay's company plans to release a new version of its signature television set. This television will have more advanced featur

allsm [11]

Answer:

D. product modification.

Explanation:

This is an example of Product Modification which refers to the improvement of the existing products by making necessary changes in terms of features, quality, etc,.The purpose of the product modification is to maintain existing demand, attract new users and to face the competitors effectively to increase the profits of the enterprise also as here Lindsay's company plans to release a new version of its signature television set having advanced features, including better sound quality and high definition to maximize its profits and defeat the competitors.

7 0

3 years ago

What is one reason that a person might want to be an entrepreneur?

kupik [55]

Answer:

They can be their own boss.

6 0

3 years ago

Read 2 more answers

Product Pricing: Two Products Quality Data manufactures two products, CDs and DVDs, both on the same assembly lines and packaged

soldier1979 [14.2K]

Answer:

a) $1.85 per CD pack

$2.22 per DVD pack

b) profits for selling CDs = -$30,000

profits for selling DVDs = $130,000

Explanation:

Variable costs Fixed costs

Materials $200,000 $500,000

Other $250,000 $800,000

DVDs:

materials = $700,000 x 50% = $350,000 ($250,000 fixed)

Other = $1,050,000 x 60% = $630,000 ($480,000 fixed)

total = $980,000

CDs:

materials = $350,000 ($250,000 fixed)

Other = $420,000 ($320,000 fixed)

total = $770,000

Expected sales:

CDs 400,000 packs

DVDs 500,000 packs

since the company wants to earn $100,000 in profits, it should charge:

400,000X - $770,000 + 500,000Y - $980,000 = $100,000

400,000X + 500,000Y = $1,850,000

Y = 1.2X (we replace Y)

400,000X + 600,000X = $1,850,000

1,000,000X = $1,850,000

X = $1,850,000 / 1,000,000 = $1.85 per CD pack

Y = $1.85 x 1.2 = $2.22 per DVD pack

profits for selling CDs = ($1.85 x 400,000) - $770,000 = -$30,000

profits for selling DVDs = ($2.22 x 500,000) - $980,000 = $130,000

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3 years ago