The type of auction which have many buyers and only one seller and the bidder raises the price of an offer is classified as Options: A . &nbspEnglish auctions B . &nbspDutch auctions C . &nbspequalizing-bid auctions D . &nbspAustralian auctions

The type of auction which have many buyers and only one seller and the bidder ra

Question

The type of auction which have many buyers and only one seller and the bidder raises the price of an offer is classified as

Options:

A . English auctions

B . Dutch auctions

C . equalizing-bid auctions

D . Australian auctions

Answer: Option A
Answer: (a).English auctions

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