ECONOMICS (CBSE/UGC NET)

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ECONOMICS

MONEY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Amazon Prime has one-click ordering, where you can purchase and ship almost anything with one click. This lowers transactions costs, making it much easier to buy and sell goods and services.
A
medium of exchange
B
unit of account
C
store of value
D
None of the above
Explanation: 

Detailed explanation-1: -1-Click ordering places Amazon customers’ orders automatically so they can skip the shopping cart, simplifying their shopping experience.

Detailed explanation-2: -You can also click on Account & Lists under your user name and click on Account. Scroll down and click on 1-Click settings. Look for the text that says if 1-Click is enabled or disabled. Click on the box or text for which option you want.

Detailed explanation-3: -Buy Now lets you associate a payment method with addresses you ship to frequently so you can place orders with a single click of a button. To change your Buy Now settings: Go to Your Purchase Preferences.

Detailed explanation-4: -What is 1-click selling? 1-click selling is a type of e-commerce in which customers can make purchases with just one click of a button. This type of checkout process is designed to make buying items online as simple and convenient as possible.

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