Which of the following statements about cost and its impact on online shopping is MOST ACCURATE?
A)Dynamic 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 offerings are usually higher than those purchased in traditional marketplaces.
C)Any price advantage for online purchases is lost in shipping and handling fees.
D)The majority of the most 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

According to the passage, the majority of the most popular items bought online can be purchased at the same price or cheaper than in retail stores. This means that there is a price advantage for online purchases, contradicting option C) which states that any price advantage for online purchases is lost in shipping and handling fees. Option A) is incorrect because dynamic pricing is used online precisely because retailers need to respond more quickly to changes in supply and demand conditions. Option B) is incorrect because the margins for online offerings are actually lower due to competition from other online sellers. Option E) is also incorrect because dynamic pricing is not necessarily the most commonly used pricing strategy for Internet purchases, although it is commonly used.

Which of the Following Statements About Cost and Its Impact