Go to eBay.com or another auction site. Find the bidding record from a completed (or nearly completed)

Question:

Go to eBay.com or another auction site. Find the bidding record from a completed (or nearly completed) auction on a type of good that interests you.
a. Create a table showing each bidder’s maximum bid.

b. Use the table to plot the demand curve for the item in this auction.

c. Determine the bidders’ total willingness to pay for the good.

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Related Book For answer-question

Microeconomics

ISBN: 978-0134519531

8th edition

Authors: Jeffrey M. Perloff

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Question Posted: Feb 13, 2020 10:20 AM

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Go to eBay.com or another auction site. Find the bidding record from a completed (or nearly completed)

Question:

Step by Step Answer:

a B idding Record Table B id der Maximum Bid A 25 B 5...View the full answer

Microeconomics

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