Problemyour grandmother likes old-fashioned yard sales and, Ask an Expert

Economics

Problem

Your grandmother likes old-fashioned yard sales and doesn't understand why everyone is so excited about eBay. Explain to her why the creation of a market that enables people who don't live in the same town to buy and sell used goods increases total surplus over the yard-sale market.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92754722

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