Question

1. how has e - commerce affected product pricing?

businesses had to start price matching to keep up with competitors.
businesses collaboratively raised prices to keep their monopolies.
businesses limited inventory to maintain competitive pricing.
businesses created a new fluctuating price plan.

Explanation:

In e - commerce, there is high competition as consumers can easily compare prices across different sellers. To stay competitive, businesses often engage in price matching, where they set their prices to match those of their competitors. Collaboratively raising prices to keep monopolies is against anti - monopoly laws and not a common practice in a competitive e - commerce environment. Limiting inventory is related to inventory management and not directly to product pricing in the context of e - commerce's effect on pricing. Creating a new fluctuating price plan is not a typical or widely - recognized effect of e - commerce on product pricing compared to price matching.

Answer:

A. Businesses had to start price matching to keep up with competitors.