Considering the Dutch auctions, the technique in which the auctioneer lower the

Question

Considering the Dutch auctions, the technique in which the auctioneer lower the announced price till bidder accepts price is used in situation of

Options:

A . One seller, many buyers

B . One buyer, many sellers

C . many sellers, many buyers

D . None of above

Answer: Option A
Answer: (a).One seller, many buyers

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