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Solution Manual Economics (What's New in Economics) 13th Edition, by Michael Parkin All Chapters| Latest Edition| Answers with Solutions

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Solution Manual Economics, 13th Edition builds on the foundation of the previous edition and retains a thorough and careful presentation of the principles of economics. The text emphasizes real-world applications, the development of critical-thinking skills, diagrams renowned for their pedagogy and clarity, and path-breaking technology. Hallmark features in the chapter openings and endings encourage students to think critically about a news article relating to the issue, demonstrating how thinking like an economist can bring a clearer perspective to and deeper understanding of today’s events.

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Uploaded on
July 7, 2025
Number of pages
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Written in
2024/2025
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BESTLEC



Complete Test Bank
E-commerce 2024: business. technology. society, 18th Edition
by Carol Traver, Kenneth Laudon
All Chapters| Latest Edition|Original Copy with Answers and Explanation




C
LE
ST
BE




1

, BESTLEC


Chapter 1 The Revolution Is Just Beginning

1) Analysts estimate that by 2026, consumers will be spending around in digital
transactions.

A) $170 million

B) $1.7 billion

C) $170 billion

D) $1.7 trillion
Answer: D Difficulty: Moderate

AACSB: Application of knowledge
Learning Objective: 1.1: Understand why it is important to study e-commerce.




C
2) It is likely that e-commerce will eventually impact nearly all commerce.
LE
Answer: TRUE

Difficulty: Easy
ST
AACSB: Application of knowledge

Learning Objective: 1.1: Understand why it is important to study e-commerce.
BE


3) Why study e-commerce?

Answer: It is important to study e-commerce in order to be able to perceive and understand the
opportunities and risks that lie ahead. E-commerce is a disruptive innovation that is different and
more powerful than any of the other technologies we have seen in the past century. E-commerce
technologies–and the digital markets that result–have brought about some fundamental,
unprecedented shifts in commerce. While other technologies transformed economic life in the
twentieth century, the evolving Internet and other information technologies are shaping the
twenty-first century.

Difficulty: Moderate

AACSB: Application of knowledge; Written and oral communication Learning Objective: 1.1:
Understand why it is important to study e-commerce.



4) Which of the following best defines e-commerce?
2

, BESTLEC


A) digitally enabled commercial transactions between and among organizations and
individuals

B) the use of digital technologies in a firm's daily activities

C) the digital enablement of transactions and processes within an organization

D) any digital activity involving information systems under a firm's control

Answer: A

Difficulty: Moderate
AACSB: Application of knowledge

Learning Objective: 1.2: Define e-commerce, understand how e-commerce differs from e-
business, identify the primary technological building blocks underlying e-commerce, and
recognize major current themes in e-commerce.




C
5) Which of the following is an example of e-business?

A) Amazon's inventory control system
LE
B) the Amazon.com website
ST

C) an Amazon mobile app

D) Amazon's Facebook page

Answer: A
BE


Difficulty: Moderate
AACSB: Application of knowledge

Learning Objective: 1.2: Define e-commerce, understand how e-commerce differs from e-
business, identify the primary technological building blocks underlying e-commerce, and
recognize major current themes in e-commerce.


6) Which of the following can be considered synonymous with the term e-commerce?

A) e-business

B) digital commerce

C) the Internet

D) the Web
3

, BESTLEC


Answer: B Difficulty: Easy

AACSB: Application of knowledge

Learning Objective: 1.2: Define e-commerce, understand how e-commerce differs from e-
business, identify the primary technological building blocks underlying e-commerce, and
recognize major current themes in e-commerce.



7) Which of the following is not true about the use of apps?

A) The number of downloads from Google's Google Play store exceeds the number of
downloads from Apple's App Store.

B) Users still spend more time using mobile browsers than they do using mobile apps.

C) Apps cannot be crawled by Google's search engine.




C
D) Users typically use more than 45 different apps per month.
Answer: B

Difficulty: Difficult
LE
AACSB: Application of knowledge
ST

Learning Objective: 1.2: Define e-commerce, understand how e-commerce differs from e-
business, identify the primary technological building blocks underlying e-commerce, and
recognize major current themes in e-commerce.
BE



8) All of the following statements about e-commerce in the United States in 2021 are true
except:

A) Social e-commerce generated more revenue than mobile e-commerce.

B) Mobile advertising accounted for more than two-thirds of all digital advertising spending.

C) On-demand service firms fueled the growth of local e-commerce.

D) Growth rates for retail e-commerce and m-commerce were around 10%.

Answer: A
Difficulty: Moderate

AACSB: Application of knowledge



4

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