eBay has a seller reputation system to provide

A) consumers with a signal concerning seller quality.
B) sellers a chance to signal other sellers concerning their quality.
C) a reduction in monopoly power.
D) improvements in investor relations.

A

Economics

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The demand curve for a Giffen good is

A) non-existent. B) upward sloping. C) non-linear but downward sloping. D) vertical.

Economics

Personal income is:

a. total income received by households before taxes. b. the amount households have available for consumption, savings, and payment of personal taxes. c. national income minus corporate profits and Social Security (FICA) plus transfer payments, and other income. d. all of these.

Economics