Which of the following is not true regarding e-commerce today?
A) Economists' visions of a friction-free market have not been realized.
B) Consumers are less price-sensitive than expected.
C) There remains considerable persistent price dispersion.
D) The market middlemen disappeared.

Question

Quizplus · Accepted Answer

The statement that "the market middlemen disappeared" is not true. In fact, e-commerce has created new intermediaries such as online marketplaces, payment gateways, and logistics providers. These intermediaries play a crucial role in facilitating transactions and adding value to the e-commerce ecosystem.

Which of the Following Is Not True Regarding E-Commerce Today