Multiple Choice
Which statement is true of auctions?
A) The organization hosting an auction collects transaction fees for the service.
B) The number of goods sold via traditional auctions is higher than that sold via online auctions.
C) Goods already having a set price in the marketplace are usually auctioned.
D) Online auctions are based on the barter business model.
Correct Answer:
Verified
Correct Answer:
Verified
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