Which of the following statements about cost and its impact on online shopping is true?
a) Lower external search costs are one of the major reasons for the popularity of online shopping
b) Dynamic pricing is used for all products sold on the Internet
c) All items purchased online have lower prices than they would if purchased at traditional retailers
d) Fixed pricing is commonly used online because there is no need to respond quickly to changes in supply and demand conditions
e) All of the above statements about cost and its impact on online shopping are true
Answer: a