Dear beloved readers, welcome to our website! We hope your visit here brings you valuable insights and meaningful inspiration. Thank you for taking the time to stop by and explore the content we've prepared for you.
------------------------------------------------ Which e-commerce platform uses a reverse auction model?

A. eBay.com
B. Amazon.com
C. Priceline.com

Answer :

Final answer:

Priceline.com is an e-commerce platform that uses a reverse auction model, where sellers bid to provide goods or services, often seen in situations where buyers set the price they're willing to pay.

Explanation:

The e-commerce platform that uses a reverse auction model is Priceline.com. In a reverse auction, sellers compete to obtain business from the buyer, and prices will typically decrease over the bidding period. This is the opposite of a traditional auction, where buyers compete to obtain goods or services. An example is Priceline.com, where travelers set the price they want to pay for a hotel room and hotels bid to provide the room, thus effectively enabling a reverse auction model.

Learn more about the Reverse Auction Model here:

https://brainly.com/question/32634648

#SPJ11