What is a benefit of e-auctions to the sellers?
A)anonymity
B)convenience of bidding anywhere and any time
C)lack of differentiation
D)optimal price determined by the market

Question

Quizplus · Accepted Answer

The optimal price determined by the market is a benefit of e-auctions to the sellers because it ensures that the seller receives the highest possible price for their item or service. This is because the price is determined by the competitive bidding of buyers, rather than set by the seller themselves.

What Is a Benefit of E-Auctions to the Sellers