Reverse auctions are one method that uses the internet to facilitate sales of products and services.Reverse auctions tend to provide the price advantage for:
A)the vendor
B)the licensee
C)the wholesaler
D)the broker
E)the customer

Question

Quizplus · Accepted Answer

Reverse auctions allow customers to request bids from multiple vendors, which often results in lower prices for the customer. Therefore, the price advantage is for the customer.

Reverse Auctions Are One Method That Uses the Internet to Facilitate