Business, 13.02.2021 03:00 cheezloord8472

Discuss reasons why a business might choose to sell direct to customers through a website with e-commerce facilities, as opposed to through fixed (physical ‘bricks and mortar') premises.

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Answer from: jesh0975556

Businesses might prefer selling direct to customers through a website with e-commerce facilities because:

1. For covering a wider distance, distance is not a barrier.

2. For flexibility for customers, as some e-commerce even accepts cryptocurrency payments.

3. For product and price comparison.

4. For saving cost incurred from having fixed (physical ‘bricks and mortar') premises.

5. For saving the cost of paying workers.

6. For maintaining social distancing protocol given by the government especially during the pandemic. This doesn't put anyone at risk.

Explanation:

The question above asks for justifications why a business might choose to sell direct to customers through a website with e-commerce facilities rather than selling to customers through fixed (physical ‘bricks and mortar') premises.

First, selling to customers through a website with e-commerce facilities involve virtual transactions with customers paying for goods and services they are interested in over the internet. With this, customers can pay with their bank cards through e-commerce websites. While selling through fixed (physical ‘bricks and mortar') premises involve direct contact in-person with the customer and possibly payment is made in cash or through any other accepted methods.

Answer from: Quest

Idon’t know what to do it

Answer from: Quest

answer: in the short-run firms will respond by raising the price of turkey.

explanation: initially the long-run equilibrium is at a price of $5 per pound of turkey and a quantity of 50 million pounds per year. now, when webmd claims that a protein found in turkey will increase your expected lifespan by 4 years. the consumers demand for turkey will increase at every price shifting the demand curve to the right from d1 to d2. while, there will be no change in the supply curve in the short-run as it is not possible for producers to adjust supply so quickly. as a result the new equilibrium will occur at a higher price and a higher quantity of turkey.

thus, in the short run firms will respond by increasing the price of turkey, selling more quantity at a higher price and earning economic profits.

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Discuss reasons why a business might choose to sell direct to customers through a website with e-com...

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