Websites, such as Craig's List and eBay, function as middlemen by a. increasing the costs associated with matching sellers and buyers. b. decreasing the volume of internet trade. c. increasing the efficiency in matching sellers and buyers. d. increasing the amount of time it takes for buyers to locate sellers.

Question

Clay Blankenship

Business

21 January, 22:01

Websites, such as Craig's List and eBay, function as middlemen by a. increasing the costs associated with matching sellers and buyers. b. decreasing the volume of internet trade. c. increasing the efficiency in matching sellers and buyers. d. increasing the amount of time it takes for buyers to locate sellers.

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Answers (1)

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Talon Hicks · Answer 1

The correct answer is c. increasing the efficiency in matching sellers and buyers.

Explanation:

These websites increase the efficiency of matching sellers and buyers by using algorithms that translate the preferences of the parties concerning their interests. Based on these data, the pages manage to reduce the search time between buyers and sellers.

This service is essential for both parties since they achieve their objectives by having their options pre-selected.

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