A consumer to consumer (peer to peer) rental transaction activity is often referred to as _____.
A) multiopsonistic consumption
B) social consumption
C) productive consumption
D) collaborative consumption

Question

Quizplus · Accepted Answer

Collaborative consumption refers to peer-to-peer rental transactions where individuals rent out their unused assets or resources to others who need them, often facilitated through online platforms or apps. This model allows for more efficient use of resources, cost savings for both parties, and reduced environmental impact.

A Consumer to Consumer (Peer to Peer) Rental Transaction Activity