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Which of the following has been greatly influenced by the increased use of social commerce websites ...
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Which of the following has been greatly influenced by the increased use of social commerce websites ...
Which of the following has been greatly influenced by the increased use of social commerce websites and internet access, especially when buyers don't see much difference among available products?
▸ Cost structure
▸ Price elasticity
▸ Fixed costs
▸ Competition
▸ Government regulations
Textbook
Business in Action
Edition:
9
th
Authors:
Bovee, Thill
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Competition
The easier it is for buyers to compare prices, for instance, the more important competitive prices become-particularly when buyers don't perceive much difference among the available products.
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This site is awesome
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