Which of the following statements regarding the internet in relation to market based pricing is incorrect?
A) The internet has made it easier to access market prices
B) The internet has made prices less consistent
C) The internet is likely to make prices more elastic
D) The internet increases the global reach of many companies

Question

Quizplus · Accepted Answer

The statement that the internet has made prices less consistent is incorrect. In fact, the internet has made prices more transparent and consistent, as consumers can easily compare prices across different sellers and products.

Which of the Following Statements Regarding the Internet in Relation