Which of the following is not an element of friction-free commerce?
A) Information is equally distributed.
B) Transaction costs are high.
C) Prices can be dynamically adjusted to reflect actual demand.
D) Unfair competitive advantages are eliminated.
B
Business
You might also like to view...
How is website stickiness measured?
A) by asking people about their goals B) by monitoring the amount of time visitors spend at a site and how many pages they visit C) by monitoring how many times a visitor goes to a competitor's site D) by tracking which locations on a site visitors click first
Business
Use Table 11.1 to answer this question. If Big Truck Tacos makes tacos in batches of 20, what should their MPS entry be for the first week of production?
A) 60 B) 80 C) 100 D) 120
Business