The Internet is partially reversing the fixed pricing trend. Sellers can customize offers and prices, and buyers can compare prices through
A) chat rooms.
B) negotiation.
C) email.
D) shopbots.
E) online auctions.

Question

Quizplus · Accepted Answer

Shopbots, also known as comparison shopping engines, allow buyers to compare prices from multiple sellers for a specific product. This means that sellers cannot necessarily set a fixed price and expect it to be the only option for buyers. As a result, the Internet is partially reversing the fixed pricing trend.

The Internet Is Partially Reversing the Fixed Pricing Trend