2011-03-01

Econ Section C Question Again: Group-buying


Group-buying has become popular in Hong Kong. The group-buying companies are responsible for contacting other retail shops, in order to obtain goods and services in bulk at a bargaining price. After that, these group-buying companies will offer the goods and services to individual group-buying members on the internet. The deal is made only when the size of purchase from the individual members is large enough. The price of goods and services offered from these group-buying companies is only one-third to half of the market price...

...Detailed questions to be unveiled when mock examination is held.

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