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Economics

How is the Internet changing the economics of information and business models? Name and describe one business model for e-commerce. What is the difference between pure-play Internet and clicks-and-mortar business models?

about 500 words, 2 references

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The response addresses the queries posted in 501 words with references.

//In this paper, we are going to discuss about how the Internet is changing the economics of information models. After this discussion, we will describe one business model which is used by e-commerce companies in the market. At last we will discuss the main differences between pure play and, click and mortar business model.//

Internet is a very important media of information sharing that helps every business organization in developing their business in the market. With the help of Internet, companies can reduce their cost in sending, creating and storing the information in their database that will be available for its users worldwide. With the help of Internet, users can reduce their search costs in the market. It facilitates the customers in locating the products, suppliers, price of ...

Solution Summary

The response addresses the queries posted in 501 words with references.

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