Penny Auction Research Paper

Decent Essays
Show More
An online penny auction can be very entertaining and you can "win" some very nice items, depending on the online auction site. However, do you really know how an online auction works?
It is important to really understand how the penny auction site that you intend to bid on functions. Having said, that most penny auction sites are similar in nature however, each site will have their own rules. Be sure to find out their specific rules before you start bidding on items in order to avoid losing money.

Did you know that online auction sites have different kinds of auctions on their sites? Here are a few in particular: reserve auctions, beginner auctions, fixed price auctions and so forth. However, there are at least 15 other types of auctions

Related Documents

  • Decent Essays

    Dbq Essay: Abolishing The Penny
    • 229 Words
    • 1 Pages

    Dbq Essay: Abolishing The Penny

    Would abolishing the penny be an economical challenge for the state? A United States Representative , Jim Kolbe went to congress with a bill to eliminate the coin. Even though he failed, there is still many wanting to do away with the penny as the smallest coin because they think it is worthless. The penny has a story that shows the importance of history including our previous United States President, Abraham Lincoln.…

    • 229 Words
    • 1 Pages
    Decent Essays
    Read More
  • Improved Essays

    Penny Synthesis Essay
    • 710 Words
    • 3 Pages

    Penny Synthesis Essay

    Although over the years, the government has worked to reduce the production cost of pennies. An example of this was the use of steel pennies during World War II. However, mints have not succeeded in finding a way to make a penny under one cent yet. Current pennies are manufactured with zinc making up 97.5 percent of the coin and copper making up the other 2.5 percent (Source #1, Sommer). This a cheaper considering the metal ratios they used to be make with.…

    • 710 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    Changing The Surface Of A Penny Essay
    • 933 Words
    • 4 Pages

    Changing The Surface Of A Penny Essay

    Part C: Answer each question related to the experiment. 1. Write your problem from the first page, then answer your problem(question). How will changing the surface of the penny (by adding soap) affected the number of water drops the penny can hold?…

    • 933 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    Penny Synthesis Essay
    • 654 Words
    • 3 Pages

    Penny Synthesis Essay

    The penny has a few flaws, but they can all be changed. To begin with, “Changing metal content was important to try to reduce production costs .” (Maria Story, paragraph 5). As the evidence suggests, the penny costs a lot to produce but the cost can be lowered if different metals are used. Next, according to Maria Story “The U.S. Mint is still exploring additional designs…for the penny” (paragraph 2).…

    • 654 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    Research About Pennies
    • 977 Words
    • 4 Pages

    Research About Pennies

    I took 12 pennies and then divided those pennies up into 4 equal groups and then I created three solutions for my project which are: A toothpaste solution, bleach solution vinegar and salt solution, and vinegar/baking soda solution My hypothesis is that the salt and vinegar solution is going to win because vinegar is a liquid that is produced from the fermentation of ethanol into acetic acid . vinegar consists of acetic acid(CH3COOH, water and trace amounts of other chemicals which may include flavorings. The concentration of the acetic acid is variable.…

    • 977 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    Penny Argumentative Essay
    • 1240 Words
    • 5 Pages

    Penny Argumentative Essay

    The penny has lost its value in the functioning economy and should also be discontinued to to its failure to facilitate trade, cost to produce, negative effects on the opportunity cost of American citizens, and unnecessary dread to the economy. According to the U.S. Mint’s 2013 annual report, it cost 1.8 cents to mint a penny in 2013, down from 2 cents in 2012 and 2.4 cents in 2011 (United States Mint 11). This phenomenon is not strictly recent, though. The cost of manufacturing the penny has fluctuated, but the cost has been at a loss…

    • 1240 Words
    • 5 Pages
    Improved Essays
    Read More
  • Improved Essays

    Essay On Abolishing The Penny
    • 1115 Words
    • 5 Pages

    Essay On Abolishing The Penny

    Simply saying penny has been around for many years would be a blatant understatement; it has been etched into society as a reminder of perhaps the greatest president the country has ever seen. Abolishing the penny, is a move that would attempt to erase the more than a century long legacy of Abraham Lincoln and all of his accomplishments. Not only would the expulsion cause a brash disregard of history, it would also cause major inconveniences for the American populous. A reform of the monetary system such as the one proposed would cause unnecessary grief and overhaul many standards such as prices and small business financial management. Cynicism, it is a quality that a large part of the American public is guilty of possessing when it comes…

    • 1115 Words
    • 5 Pages
    Improved Essays
    Read More
  • Decent Essays

    Argumentative Essay On Bingo
    • 514 Words
    • 3 Pages

    Argumentative Essay On Bingo

    Online Bingo: Not your Grandma’s Bingo In the past, you may have associated bingo with shuffleboard and bridge but did you know that more and more young people are playing it online these days? It is one of the fastest growing online gaming forums to hit the internet and because it is easy to play and anyone can play it, there have been a growing number of people playing it on various sites. From free games to high stakes games of online bingo, it may surprise you to see who is playing bingo right now, around the world. All Ages can Play Bingo Due to its simplicity, you may not think of Bingo as an adult game or maybe you view it as a game played at the nursing homes but in reality, it is a fun game for any age.…

    • 514 Words
    • 3 Pages
    Decent Essays
    Read More
  • Improved Essays

    Abolishing The Penny Essay
    • 832 Words
    • 4 Pages

    Abolishing The Penny Essay

    Within the past few years, its cost has fluctuated slightly, but has stayed around 1.6 cents. At such a low value to begin with, and costing more to make than its actual value, it is not worth the time, cost, nor the energy being used to produce the penny. While all of this energy and money is going into manufacturing these pennies, the mills could be much more efficient and mass-produce many other coins, more useful than the…

    • 832 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    Argumentative Essay: Should The Penny Be Eliminated?
    • 595 Words
    • 3 Pages

    Argumentative Essay: Should The Penny Be Eliminated?

    Is the penny needed in the United States anymore? Some people believe the penny should be preserved because it is an important historical part of the United States. However, other people believe the menny should be eliminated because it is costs more to produce than what it is even worth. The penny should be eliminated in the U.S. currency because pennies are a waste of time, not worth a lot, too much to make, and nobody can buy something with just one penny. The penny should be eliminated because of several reasons including things will cost less and the government will not waste $100 million each year.…

    • 595 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    Gum Tree Swot Analysis
    • 1308 Words
    • 6 Pages

    Gum Tree Swot Analysis

    Online marketing is the current trend in networking and marketing industry. With increased internet coverage, enthusiasts depend on the internet for various purposes, besides social interactions. Entrepreneurs are also advancing and taking their business entities to online forms. Certainly, this attracts a vast customer base. The performance of online sites, just like normal businesses, is dependent on owners’ customization.…

    • 1308 Words
    • 6 Pages
    Improved Essays
    Read More
  • Decent Essays

    Thesis For Nickel And Dimed
    • 384 Words
    • 2 Pages

    Thesis For Nickel And Dimed

    Nickel and Dimed Notes Intro/Thesis: Journalist, Barbara Ehrenreich, in Nickel and Dimed, describes her personal experiences of working low-paying jobs and the struggles that come with it. Ehrenreich’s purpose was to determine the possibility of living off a minimum wage job. She adopts an objective tone in order to show her readers the harsh reality of the workers of the low-paying jobs, poverty is one of American society’s biggest problems, people are working full time yet still sink into poverty Logos: Author has worked multiple different jobs in different locations but is not able to stay in all of them, takes ibuprofen to help with the pain ( pg. 33), when in Maine (salary being 200/250 for about 40 hrs a week [pg. 60] ) unable to…

    • 384 Words
    • 2 Pages
    Decent Essays
    Read More
  • Improved Essays

    Business Analysis Of Ebay
    • 889 Words
    • 4 Pages

    Business Analysis Of Ebay

    Consider eBay as a company along the value chain. What is their value add within the value chain to a consumer? What about their affiliates? eBay offers their customers a platform to sell and buy goods.…

    • 889 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    Market Dojo Case Study
    • 1109 Words
    • 4 Pages

    Market Dojo Case Study

    Student ID Number: 15043695 Key Components of Market Dojo’s existing Business Strategy. Market Dojo a micro e-sourcing company based in the southwest of England (Bristol) with progressive experience and share determination, this commoditized software vendors have been smart/intelligent to acknowledge a gap and carve out their niche to build their strengths, key into their opportunities, reduce their weaknesses and overcome their threats. To facilitate these processes, certain components have been and are being set in place by Market Dojo to define and capitalize on their business strategy. These facets include: a) Systems b) Structure c) Operations Systems…

    • 1109 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    Advantages Of Online Shopping Essay
    • 1013 Words
    • 5 Pages

    Advantages Of Online Shopping Essay

    Advantages of Online Shopping: Online shopping has become a trendy shopping method ever since the Internet has made the incremental advancement. Many people are looking for other amazing alternatives shopping and online shipping is just the fix for that. Because of the many advantages and benefits of shopping online, more and more people these days prefer Online Shopping rather to go and shop. There are various reasons why people think that they buying on the internet is the best option too and why online shopping business is boosting day by day. 1.…

    • 1013 Words
    • 5 Pages
    Improved Essays
    Read More

Related Topics

Ready To Get Started?
Discover
Company
Follow
©2024 Cram.com
Privacy Policy |  About Ads |  Site Map |  Advertise  | 
  • Cookie Settings