_____, in e-commerce, means all market participants can trade at the same price.
A) Price discrimination
B) Price transparency
C) Price bundling
D) Price skimming

Question

Quizplus · Accepted Answer

Price transparency means that all market participants have access to the same information about prices, allowing them to make informed decisions and trade at the same prices. This creates a more fair and competitive market. Price discrimination refers to charging different prices to different customers based on their willingness to pay, while price bundling involves selling multiple products or services as a package deal. Price skimming involves charging a high price initially and then gradually lowering it over time. None of these options fully capture the concept of all market participants trading at the same price, which is the definition of price transparency.

_____, in E-Commerce, Means All Market Participants Can Trade at the Same