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:

Florida Governor

The chief executive of the state of Florida, responsible for enforcing state laws and overseeing the operation of the state government.

Spanish Friars

Religious clergy from Spain who played significant roles in the Christianization and colonization of the Americas.

Pueblo

A term referring to both a group of Native American people in the Southwestern United States known for their unique adobe cliff dwellings and the individual communities or villages themselves.

New Mexico

A state located in the southwestern region of the United States, known for its diverse culture and historical significance as part of the U.S. frontier.