Joseph Inherited a Set of Candlesticks That He Has No

question 20

Multiple Choice

Joseph inherited a set of candlesticks that he has no use for.He took them to an antique dealer to find out what they were worth then decided he might get more money by auctioning them off.He decided to sell them and listed them on eBay with pictures.What type of business model is eBay?

• A) Advertising e-business model
• B) Brokerage e-business model
• C) Consumer-to-consumer model
• D) Subscription e-business model

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Definitions:

Investment

The allocation of resources, such as capital or time, in expectation of future benefit or profit.

Net Capital Outflow

The difference between the purchase of foreign assets by domestic residents and the purchase of domestic assets by foreigners in a given period, reflecting the international flow of capital.

Net Exports

The balance achieved by subtracting a nation's total import value from its total export value.

Domestic Investment

Financial investments within a country's borders in the form of business expansions, new construction, and purchases of machinery and equipment.