Instead of a formal auction with a specific ending time and an automatic winner, dynamic pricing sites-such as ____-allow buyers to bid on items or services listed for sale, and then the seller decides whether or not to accept each offer on an individual basis.
A) PriceGrabber.com
B) eBay
C) Priceline.com
D) PayPal

Question

Quizplus · Accepted Answer

The mention of "dynamic pricing" and "seller decides whether or not to accept each offer on an individual basis" points to Priceline.com as the correct answer, as this is the business model they use for their hotel and flight bookings. eBay also has a similar bidding system, but it is not described accurately in the question. PriceGrabber.com and PayPal do not use this type of bidding system.

Instead of a Formal Auction with a Specific Ending Time