The price which is paid by the bidders and is accepted by all other bidders is classified as Options: A . &nbsphighest price B . &nbsplowest price C . &nbspzero price D . &nbsppeak price

The price which is paid by the bidders and is accepted by all other bidders is c

Question

The price which is paid by the bidders and is accepted by all other bidders is classified as

Options:

A . highest price

B . lowest price

C . zero price

D . peak price

Answer: Option B
Answer: (b).lowest price

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