The Internet and the Web vastly decrease information density-the total amount and quality of information available to all market participants,consumers,and merchants alike.
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Q1: Cost transparency refers to the ability of
Q6: In dynamic pricing,the price of a product
Q7: In the second wave of e-commerce,nine new
Q8: E-commerce is ubiquitous,meaning that is it available
Q9: The first wave of e-commerce transformed the
Q10: Information richness refers to the complexity and
Q12: Digital goods are goods that can be
Q13: E-commerce technologies permit personalization.
Q15: Marketspace is a marketplace extended beyond traditional
Q16: Price discrimination is selling the same goods,or
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