Auctions such as eBay are considered the purest form of negotiating prices.

Question

Auctions such as eBay are considered the purest form of negotiating prices.​

Quizplus · Accepted Answer

Auctions allow buyers and sellers to negotiate prices based on what the market is willing to pay at that moment. The bidding process creates a competitive environment where the final price is determined by the highest bidder. This can be seen as a pure form of negotiating prices because it is based solely on supply and demand, without any other factors such as personal relationships or emotional attachment influencing the price.

Auctions Such as EBay Are Considered the Purest Form of Negotiating