Examveda
Examveda

Consider the following statements
1. In the Robinson model, in the event of the wage rate declining, the income in increasing.
2. Under Robinson model, if the income remains stable then the wage rate is high.
Choose the correct statement

A. Only 1

B. Only 2

C. Both 1 and 2

D. None of these

Answer: Option D


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Match the following in the term of Types of E-Commerce Model and Definitions.

List I (E-Commerce Model) List II (Definitions)
a. B2C 1. When a business sells a goods or service to another business.
b. B2B 2. When a business sells goods to an individual consumer directly.
c. C2C 3. When a consumer sells their own products or services to organisation or business.
d. C2B 4. When a consumer sells goods or services to another consumer.

A. a-2, b-1, c-4, d-3

B. a-2, b-4, c-3, d-1

C. a-2, b-3, c-4, d-1

D. a-2, b-1, c-3, d-4