Why everyone is so excited about ebay


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.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why everyone is so excited about ebay
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