Ask Question
BusinessBusiness
5 December, 20:05

Websites, such as Craig's List and eBay, function as middlemen by a. increasing the costs associated with matching sellers and buyers. b. decreasing the volume of internet trade. c. increasing the efficiency in matching sellers and buyers. d. increasing the amount of time it takes for buyers to locate sellers.

+1
Answers (1)
  1. 5 December, 22:22
    0
    The correct answer is c. increasing the efficiency in matching sellers and buyers.

    Explanation:

    These websites increase the efficiency of matching sellers and buyers by using algorithms that translate the preferences of the parties concerning their interests. Based on these data, the pages manage to reduce the search time between buyers and sellers.

    This service is essential for both parties since they achieve their objectives by having their options pre-selected.

    Have a nice day!
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Websites, such as Craig's List and eBay, function as middlemen by a. increasing the costs associated with matching sellers and buyers. b. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
ne day, Barry the Barber, Inc., collects $400 for haircuts. Over this day, his equipment depreciates in value by $50.
Answers (1)
Identify the differences between a full-service brokerage firm, a discount brokerage firm, and a portfolio manager. provides advice is usually online has lower commissions makes investments on behalf of investors
Answers (2)
A person who disagreed with the wagner act would most likely support the creation of the national labor relations board the creation of the social security act francis townsend's old age revolving pension plans welfare capitalism programs put forth
Answers (1)
The following information is available for the year ended December 31: Beginning raw materials inventory $3,000 Raw materials purchases 4,200 Ending raw materials inventory 2,700 Office supply expense 1,600 The amount of raw materials used in
Answers (1)
All of the following are disadvantages of outsourcing a product except: A. outsourcing allows the company to focus on its primary function. B. concerns about being unable to meet commitments to customers if a subcontractor experiences delays. C.
Answers (1)
New Questions in Business
Under the mudarabah banking system, when an Islamic bank lends money to a business Multiple Choice it charges that business interest on the loan. the business needs to pay back the loan with an additional markup.
Answers (1)
A company's bonds have a 10-year maturity, a 6% coupon paid semi-annually, and a par value of $1,000. The yield to maturity is quoted as 8% in the financial press. What is the bond's price?
Answers (1)
Buckman Company uses the weighted average method for process costing. The cost per equivalent unit for direct materials is $5.00. The cost per equivalent unit for conversion costs is $3.00. The company completed and transferred out is 40,000 units.
Answers (1)
Which of the following transactions would be recorded if using the accrual basis of accounting but not if using the cash basis of accounting? A. Paying off loans B. Purchasing inventory on account C. Collecting customer payments D. Borrowing money
Answers (2)
Under ASC 606, the transaction price generally should be adjusted for the effect of the time value of money when A. A royalty contract with a distribution in which the consideration to be received depends on sales to end customers. B.
Answers (1)
Home » Business » Websites, such as Craig's List and eBay, function as middlemen by a. increasing the costs associated with matching sellers and buyers. b. decreasing the volume of internet trade. c. increasing the efficiency in matching sellers and buyers. d.
Sign Up Forgot Password?