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Management · Q249

Management Information System (MIS)

Graduate and Post Graduate · Management · question 249

Q249

E-commerce is ubiquitous it reduces __________.

A.
Marketspace
B.
Transaction costs
Answer
C.
Dynamic pricing
D.
Price discrimination

Answer: Option B

Solution

Answer: Option B
Solution:
E-commerce is ubiquitous it reduces Transaction costs. Transaction costs are fees incurred during the process of buying or selling a good or service.