Revenues from Auction Sites Are Derived for the Most Part

question 40

Multiple Choice

Revenues from auction sites are derived for the most part from

• A) banner ads.
• B) listing fees and commissions on sales.
• C) corporate sponsors.
• D) investors.

---

Definitions:

Absolute Advantage

The ability of an entity to produce a good or service more efficiently than its competitors, using the same amount of resources.

Tariffs

Government levies on goods and services brought into the country, frequently employed to safeguard local industries against overseas rivals.

Absolute Advantage

The ability of an entity to produce a good or service more efficiently than its competitors, using fewer resources.

Textiles

Materials made from fibers, filaments, threads, or yarns, typically used in the production of fabrics and cloth.