Ask Question
16 September, 06:43

Online auctions are: a. based on the barter business model. b. used to bring buyers and sellers together in a real marketplace. c. cost-effective for selling excessive inventory. d. useful when goods already have a set price in the marketplace.

+2
Answers (1)
  1. 16 September, 10:18
    0
    Answer:c. cost-effective for selling excessive inventory.

    Explanation:An online auction is an auction which is held over the internet.

    An online auction is similar to a traditional auction. You bid against others for an item ... When you enter an auction to place a bid, the site's computers determine the amount you need to bid in order to become the highest bidder. You can accept this amount or enter your own bid.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Online auctions are: a. based on the barter business model. b. used to bring buyers and sellers together in a real marketplace. c. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers