1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Olin [163]
3 years ago
7

An ""offer"" to sell an item on an online auction site generally is treated as an invitation to negotiate. True or false?

Business
1 answer:
inessss [21]3 years ago
7 0

Answer:True

Explanation: In live auctions, buying and selling of items, and bidding on these items, are done face to face by the auctioneer and the bidder. Online auction sites provide platforms for consumers and producers to buy and sell items over the internet.

Online auctions are different. Because these transactions take place online, and are thus automated, when an "offer" to sell an item occurs then it can be taken as an opportunity to negotiate. Interested parties can make bids on the item, with or without a limit, depending on the auctioneer. Then the party with the highest bid wins the item.

You might be interested in
_________ forecasting method is well suited to situations in which sales forecasts are needed for a large number of products.
nikdorinn [45]

Answer:

D. Moving averages

Explanation:

Moving averages is a method of forecasting which is adopted to receive an overall idea of the trends for a given data

Moving averages is an average of any subset of numbers.

This method is very useful when the long-term trends are to be forecast or when the number of data sets are large in numbers.

3 0
3 years ago
What is the order of operations?
maxonik [38]

Answer:

I think the answer is B.

Explanation:

6 0
3 years ago
Read 2 more answers
In a command economy, Individuals fellow thir self-interest without government intervention True or False İf false, correct the
Ostrovityanka [42]

Answer:

False

Explanation:

In a command or planned economy, the factors of production are owned and controlled by the government.  The government makes all the significant economic decisions such as production, distribution, and pricing.  

The government prepares a central plan for the entire economy. The plan determines the production level, the goods and services to be produced, and their prices.  The central government employs all workers. The private sector does not exist.

8 0
3 years ago
Which of the following is not correct? Select one: a. Taxes levied on sellers and taxes levied on buyers are not equivalent. b.
liq [111]

Answer:

The correct answer is option a.

Explanation:

Taxes levied on either buyers or sellers are equivalent. In both cases, the tax creates a wedge. This wedge is the difference between the price that the buyers have to pay and the price that the sellers receive.  

The price that the buyers have to pay increases while the price that the sellers receive decreases. But this tax wedge does not depend on whom the tax is levied, it depends on the elasticity of demand and supply. So whether the tax is levied on buyers or sellers, the tax wedge will remain the same.

The tax burden will be shared between both buyers and sellers. So it is incorrect to say that the taxes levied on sellers and taxes levied on buyers are not equivalent.

8 0
3 years ago
What type of witness is allowed to give opinions during testimony?
klio [65]
<span>An expert witness would be the answer you're looking for. </span>
8 0
3 years ago
Read 2 more answers
Other questions:
  • Growers Mart buys one hundred cases of berries from Hilltop Farms. The parties agree that the berries will be transported "F.O.B
    10·1 answer
  • He business decisions of a corporation are made by whom?
    8·1 answer
  • FocusPro, a marketing communications and strategy consulting firm, is assisting a client to understand the effects of promotiona
    11·1 answer
  • In most industries, getting into which kind of role usually requires experience? A. Entry-level B. Intership C. Managerial
    12·2 answers
  • The application of moral and ethical analysis to a situation is usually called ethical. Ethics is rooted in the idea that every
    10·1 answer
  • Caspian Sea Drinks needs to raise $26.00 million by issuing additional shares of stock. If the market estimates CSD will pay a d
    7·2 answers
  • Which one of the following is NOT one of the 5 generic types of competitive strategy? Select one: a. Low-cost provider strategy
    10·1 answer
  • 46) According to the capitalistic view, the primary goal of an organization is to<br> ?
    11·1 answer
  • Which of the following statements about the W-2 form is TRUE? A W-2 lists all the money you spent over the last year You need a
    6·2 answers
  • PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!