Multiple Choice
The resource allocation method used for the online auctions on eBay is
A) market price.
B) lottery.
C) contest.
D) first-come, first-served.
E) sharing equally.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q338: Efficiency in a market occurs when the
Q339: For resource use to be allocatively efficient,when
Q340: Jose works at Intel.His manager tells him
Q341: To an economist,"value" is the same as<br>A)
Q342: To determine how much of a good
Q344: Which of the following is true regarding
Q345: Which of the following is an example
Q346: The producer surplus is found by subtracting
Q347: Mandy saved her allowance to buy a
Q348: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -Bill and Krista