Below are the advantages of online business transactions, EXCEPT:

Below are the disadvantages of online business transactions, EXCEPT:

E-commerce operates in the following market segments, EXCEPT:

It is the top online product spent by Filipinos in 2019.

True or False: The average Filipino e-commerce shopper spent USD 18 on online consumer goods purchases in 2018.

TRUE OR FALSE: E-Commerce accounts for USD 3 trillion of the world’s economy.

TRUE OR FALSE: One of the advantages of e-commerce is inability to touch the products.

TRUE OR FALSE: Many stores offer a wider array of products online than they carry in their brick-and-mortar counterparts.

TRUE OR FALSE: E-commerce is facilitated through the use of electronic devices such as computers, tablets, and smartphones.

It is a business enterprise that has an asset of less than ₱3,000,000.

The total assets of the business to be considered as a small enterprise.

The total assets of the business to be considered as a medium enterprise.

It encourages the formation and growth of micro-enterprises by granting incentives and other benefits.

It promotes ease of doing business and facilitates access to services for MSMEs through the Negosyo Centers.

TRUE OR FALSE: A small enterprise has an asset of less than ₱3,000,000.

TRUE OR FALSE: The total assets of the business to be considered as micro-enterprise is at least ₱5,000,000.

TRUE OR FALSE: A medium enterprise has a total assets of more than ₱100,000,000.

TRUE OR FALSE: Go Negosyo Act promotes ease of doing business and facilitate access to services for MSMEs through the Negosyo Centers.

TRUE OR FALSE: Barangay Micro Business Enterprise Act encourages the formation and growth of micro enterprises by granting incentives and other benefits.

It is a process of combining various inputs to produce an output for consumption.

It refers to the product created as a result of the combination of input in the production process.

It is a period in which at least one factor of production is considered fixed.

It is a theory in economics that predicts when the optimal level of capacity is reached, adding a factor of production will actually result a smaller increase in output.

It is a period in which at least one factor of production is considered fixed.

Marginal Product is the change in the total product as a result of changing the variable factor of production by 1 unit.

If the marginal product is less than the average product, then the average product will rise.

In the long-run, all factors of production are fixed.

The theory of production explains the principles by which a business firm decides how much of each commodity that it will produce.

The average product refers to the average contribution per unit of input.