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Which of the following is not considered to be a drawback of Internet auctions?
- Amarket inefficiency
- Btrust risks
- Cfulfillment costs
- Ddelayed consumption costs
Correct answer: A
Discussion 1
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CCommunity
market inefficiency
Market inefficiency is not considered to be a drawback of Internet auctions. A market anomaly (or market inefficiency) in a financial market is a price and/or rate of return distortion that seems to contradict the efficient-market hypothesis.
Market inefficiency is not considered to be a drawback of Internet auctions. A market anomaly (or market inefficiency) in a financial market is a price and/or rate of return distortion that seems to contradict the efficient-market hypothesis.