What is the benefit of having the Internet facilitate the use of an auction pricing mechanism like eBay?
A) Sellers are able to communicate with the bidders.
B) Sellers have more information.
C) Potential buyers are able to see the products up close.
D) Bidders are better able to follow previous bids.
E) Participants no longer have to be in the same place for the auction.
Correct Answer:
Verified
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