Item No 334523642245 is an example.Listed at $16.45. When I select 1 unit, the price jumps to $40.49 and higher for subsequent units. There are others similar. What am I not understanding about the price hike?

Why, multi listings are OK and do not breach ebay policy.$16.45 gets you a remote control$40 odd, gets you a smoke detector, and so on.Read the listing it is pretty self explanatory.

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Why does selling price change when selecting quantity | Share Community Platform Feedback | eBay Australia