Which of the following statements about cost and its impact on online shopping is most accurate?
A) Fixed pricing is commonly used online because there is no need to respond quickly to changes in supply and demand conditions.
B) The margins for online goods are usually higher than those purchased in traditional marketplaces.
C) Any price advantage for online purchases is lost in shipping and handling fees.
D) Many popular items bought online can be purchased at the same price or cheaper than in retail stores.
E) Dynamic pricing is the most commonly used pricing strategy for Internet purchases.

Question

Quizplus · Accepted Answer

Many popular items bought online can be purchased at the same price or cheaper than in retail stores. While shipping and handling fees may add to the overall cost, there are often savings on the item itself. Fixed pricing is not necessarily the norm online, and dynamic pricing may be used but is not the most commonly used strategy. Margins for online goods may vary and are not consistently higher than those in traditional marketplaces.

Which of the Following Statements About Cost and Its Impact