Business Assignment

Business Assignment

Auction at eBay

At eBay, there is a price trend that allows a person to keep track of the prices of standard item over the passage of time for the “buy it now” or “auctions sales”. In this section, we will study the bidding trend of eBay for standard items.

Bid of Fax Machine

A machine of HP Hewlett Packard 640 Fax Machine Plain Paper Inkjet was kept on eBay for auction with the initial price of $10. After 8 hours the bid price was raised to $16.50. The item was kept on lower price because of two factors. One ...