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What types of business models does eBay use?

Management Q1: What types of business models does eBay use? B2B only B2C only B2B and B2C None of the above Q2: Facebook is an example of: A: Community provider B: Market creator D: Service provider C: Content provider Q3: What distinguishes an e-commerce business plan from a traditional business plan? (Essay question) Answer the […]

Explain how the number of bidders in a common value auction affects the outcome of the auction. Relate this to the effect on price in different market structures based on the number of producers.

Description Auctions can be an important tool for selling goods and gathering information. Auctions are used in multiple venues including agriculture, eBay, and distressed asset sales. The seller does not have to worry about estimating demand and setting a price because the demanders will do that through the auction process. Write an essay examining the […]

Explain the difference between oral auctions and second-price auctions, including how they work and their results.

Auctions can be an important tool for selling goods and gathering information. Auctions are used in multiple venues including agriculture, eBay, and distressed asset sales. The seller does not have to worry about estimating demand and setting a price because the demanders will do that through the auction process. Write an essay examining the value […]

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