One of the benefits of e-commerce is that it allows companies to collect data about price elasticity directly from their customers.

Question

Quizplus · Accepted Answer

E-commerce enables companies to track customer behavior and purchase history, which can be used to analyze price responsiveness and determine price elasticity. This data can be collected through various analytical tools and customer feedback mechanisms available in e-commerce platforms.

One of the Benefits of E-Commerce Is That It Allows