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inn [45]
3 years ago
12

What occurs when a business sells directly to the customer online and cuts out the middle man?

Business
1 answer:
Flura [38]3 years ago
3 0

Answer: Disintermediation occurs when a business sells directly to the customer online and cuts out the middle man.

Explanation: An intermediary is another word to describe a middle man, when a middle man is used, the company has to pay them and loses out on funds they would otherwise be able to keep. When the middle man is cut out, there is more value and reduced costs.

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Setler [38]

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In a bilateral monopoly with one buyer and one seller, the monopoly power of the seller and the monopsony power of the buyer ten
scoray [572]

Answer:

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