If the Internet Makes It Easier for Sellers to Find

question 7

Multiple Choice

If the Internet makes it easier for sellers to find buyers and makes it easier for buyers to learn about the products that are available for sale, we would expect that

• A) the volume of trade will decline.
• B) transaction costs will rise.
• C) the gains from trade will increase.
• D) buyers and sellers will be worse off.

---

Definitions:

Behavior Checklist

A behavior checklist is a tool used to observe, record, and measure an individual's behaviors, often used in educational and clinical settings to assess behavior problems.

Informal Assessment

Informal assessment refers to the diverse and flexible methods used by educators to evaluate a student's learning progress and understanding without using standardized tests.

Assessment Instruments

Tools or devices used to evaluate or measure the abilities, skills, or knowledge level of an individual or group.

Sociometric Technique

A method used to measure social relationships and patterns of interaction within groups, often involving surveys to determine preferences or rejections among group members.