If the price exceeds the average variable cost, by producing the level of output such that marginal revenue equals marginal cost, the firm ensures that it will

What is one reason the eBay seller reputation system is important?

A) eBay transactions tend to be isolated, one-off transactions. B) eBay transactions tend to be repeat sales between the same seller and buyers. C) eBay transactions often involve stolen products. D) eBay transactions require a larger percentage than, say, Amazon transactions.

Consumption spending includes:

a. durable goods, nondurable goods, and housing. b. durable goods, nondurable goods, and imports. c. durable goods, services, and housing. d. durable goods, nondurable goods, and services. e. nondurable goods, services, and housing.