The marketplace for auction sites is best described as

The marketplace for auction sites is best described as __________.

A. many sites attaining similar levels of profitability

B. easy to enter due to minimal barriers

C. populated mostly with small, thriving specialty sites

D. dominated by a handful of sites with established networks

Answer: Option D

Solution (By Examveda Team)

The marketplace for auction sites is best described as dominated by a handful of sites with established networks.

A. Doing business electronically

B. Doing business

C. Sale of goods

D. All of the above

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