Econ Term Project

Econ term project Priceline.com is an meshwork company that has pioneered a peeping type of e-commerce known as ?demand collection geological formation? that enables consumers to use the Internet to save money on a wide range of products and body politic while enabling sellers to attain incremental revenue. Using a simple and compelling consumer feeler of ?name your worth,? the consumer is in find out of the product they wish to purchase. In the form of individual knob offers guaranteed by a quote card for a limited product or armed service at a price set by the customer and communicate that demand at one time to the participating sellers or to their undercover databases.

The company works by allowing the consumers to agree to hold their offers undecided for a specified close of time to enable priceline.com to make up out their offers from inventory provided by participating sellers. Once fulfilled, offers broadly speaking cannot be canceled. By requiring consumers to be flexible with respect to brands, s...If you insufficiency to expire a beneficial essay, order it on our website: Orderessay

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