What is one reason the eBay seller reputation system is important?
A) eBay transactions tend to be isolated, one-off transactions.
B) eBay transactions tend to be repeat sales between the same seller and buyers.
C) eBay transactions often involve stolen products.
D) eBay transactions require a larger percentage than, say, Amazon transactions.
A
You might also like to view...
An economy with an expansionary gap will, in the absence of stabilization policy, eventually experience a(n) ________ in the inflation rate, leading to a(n) ________ in output.
A. decrease; increase B. increase; increase C. decrease; decrease D. increase; decrease
The number of regional Federal Reserve Banks is:
A. twelve. B. five. C. seven. D. nine.
A tax on alcohol will
A. lower the equilibrium price and lower the equilibrium quantity. B. lower the equilibrium price and raise the equilibrium quantity. C. raise the equilibrium price and lower the equilibrium quantity. D. raise the equilibrium price and raise the equilibrium quantity.
Vertical equity states that taxpayers with a greater ability to pay taxes should
a. contribute a decreasing proportion of each increment in income to taxes. b. contribute a larger amount than those with a lesser ability to pay. c. be less subject to administrative burdens of a tax. d. be less subject to tax distortions that lead to deadweight losses.