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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
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Commodification economy |
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Automation economy |
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Data-intensive economy |
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Sharing economy |
0.5 points
QUESTION 2
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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
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China is the biggest potential market for the sharing economy in the world. True or False?
True
False
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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
Expert Solution
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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