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.
A
Economics
You might also like to view...
Currently, total government expenditures in the United States have totaled about:
a. one-tenth of GDP. b. one-fifth of GDP. c. 40 percent of GDP. d. one-half of GDP.
Economics
Individuals cannot buy unemployment insurance for themselves. The most likely reason for this is
a. moral hazard. b. imperfect information. c. a culture of poverty. d. the free-rider problem.
Economics