What Type of Guarantee Do Many EBay-Based Businesses Use to Reduce

question 17

Multiple Choice

What type of guarantee do many eBay-based businesses use to reduce the risk involved in ordering merchandise sight unseen?

• A)Photographs
• B)Customer satisfaction ratings
• C)Email contacts
• D)100 per cent satisfaction guarantee
• E)Monetary price

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Definitions:

Percentage Difference

A measure of the relative difference between two values, expressed as a percentage.

Mathematical Calculation

The process of solving a mathematical problem by using arithmetic operations and algorithms.

Profit-maximizing

The process or strategy of adjusting production and sales to achieve the highest possible profit levels.

Total Cost

The sum of fixed costs and variable costs incurred by a business in producing a good or service.