Internet Sites Such as EBay Make It Easier for Sellers

question 1

Multiple Choice

Internet sites such as eBay make it easier for sellers and buyers to find one another and, by doing so,

• A) reduce transactions costs.
• B) increase transaction costs.
• C) reduce the number of exchanges that occur.
• D) lower the value created by the goods and services available.

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Definitions:

Genetic Traits

Inherited characteristics determined by the genetic information a person receives from their parents.

Cell

The basic structural, functional, and biological unit of all living organisms, acting as the building block of life.

Extinction Rates

The rate at which species disappear from Earth, often accelerated by human activities, leading to biodiversity loss.

Mass Extinction

Significant and widespread loss of species across multiple ecosystems within a short geological period, often due to catastrophic events or human activities.