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:

Chain Migration

A term used to describe the social process by which immigrants from a particular town follow others from that town to a particular city or neighborhood, whether in the same country or abroad.

Internet Daily

The regular usage of the internet on a daily basis for various activities such as communication, work, education, and entertainment.

Adults

Individuals who have reached a specific age or maturity level, typically recognized as having attained the full growth and development of their physical, mental, and emotional capacities.

Worldwide

All-encompassing or global in scope or application.