____________________ Provide an Internet Base for Companies to Place Products

question 31

Short Answer

____________________ provide an Internet base for companies to place products up for bid or for buyers to put proposed purchases up for bid.

---

Definitions:

Supply Curves

Graphs showing the relationship between the price of a good and the quantity of that good a supplier is willing to offer for sale, holding all else constant.

World Price

The international market price of a good or service, influenced by global supply and demand.

Domestic Demand

The aggregate need for products and services inside a nation.

Supply Curves

Graphical representations showing the relationship between the price of a good and the quantity of that good a seller is willing to supply.