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Author Question: How does Ebay differ from an economist's view of a perfect competitive market? a. Ebay has few ... (Read 77 times)

Medesa

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on: Jul 1, 2018
How does Ebay differ from an economist's view of a perfect competitive market?
 a. Ebay has few buyers whereas perfect competitive industry assumes many buyers
  b. Ebay has few sellers whereas perfect competitive industry assumes many sellers
  c. There is limited information in ebay whereas perfect competitive industry assumes full information for both buyers and sellers
  d. There is no difference between these two markets.

Question 2

Seasonal variations can be incorporated into a time-series model in a number of different ways, including:
 a. ratio-to-trend method
  b. use of dummy variables
  c. root mean squared error method
  d. a and b only
  e. a, b, and c


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parker125

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

d


Medesa

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

frankwu0507

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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