A(n) _________________________ Is the Lowest Price at Which a Seller

question 46

Short Answer

A(n) _________________________ is the lowest price at which a seller will or must sell an item at an online auction.

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Definitions:

C2B

Consumer to Business, a type of economic relationship where individuals sell products or services to businesses.

Geolocation

The method of identifying the geographical location of a person or device, usually by utilizing information processed through the Internet.

GPS

A global positioning system that uses satellites to provide location and time information in all weather conditions, anywhere on or near the Earth.

Smartphone

Phone with features of a computer including a wide assortment of apps, media players, high-quality cameras, and web connectivity.