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Homework answers / question archive / Uber and Airbnb offer innovative services that are based on which one of the following concepts? Choose the best answer     Commodification economy     Automation economy     Data-intensive economy     Sharing economy 0

Uber and Airbnb offer innovative services that are based on which one of the following concepts? Choose the best answer     Commodification economy     Automation economy     Data-intensive economy     Sharing economy 0

Economics

Uber and Airbnb offer innovative services that are based on which one of the following concepts? Choose the best answer

   

Commodification economy
   

Automation economy
   

Data-intensive economy
   

Sharing economy

0.5 points   

QUESTION 2

  1. Which of the following are examples of undesirable social consequences arising from the success of platforms? Choose all relevant answers.

       

    Competition from platforms may increase the income of conventional businesses
       

    Platforms may bring sizeable economic benefits and tighter regulation
       

    Unrestricted home-sharing may price out local residents
       

    Cars bought solely for platform work may add to severe pollution and traffic congestion

0.5 points   

QUESTION 3

  1. China is the biggest potential market for the sharing economy in the world. True or False?

    True

    False

  2. Which of the following are characteristics of platform-based business models? Choose all relevant answers.

       

    Own the means of production
       

    Facilitate exchanges between consumers and producers
       

    Create networks of users and resources that can be accessed on demand
       

    Position themselves as intermediaries

    please make sure that the answer correct. thank u

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Q1)Sharing Economy because it is an economic model defined as a peer-to-peer (P2P) based activity of acquiring, providing, or sharing access to goods and services that is often facilitated by a community-based on-line platform.

Q2) 1 Unrestricted home-sharing may price out local residents

2 Cars bought solely for platform work may add to severe pollution and traffic congestion

Q3)True

Q4)1 Facilitate exchanges between consumers and producers

2 Create networks of users and resources that can be accessed on demand

3 Position themselves as intermediaries

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