The fact that e-commerce is conducted based on universal standards decreases search costs for consumers.

Name: The fact that e-commerce is conducted based on universal standards decreases search costs for consumers.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Universal standards in e-commerce, such as standardized product information and payment systems, make it easier for consumers to find and compare products from different sellers, reducing their search costs.

The Fact That E-Commerce Is Conducted Based on Universal Standards