The type of auctions which considers both situations such as, many buyers and one seller or one seller and many buyers, is classified as Options: A . &nbspAustralian auctions B . &nbspEnglish auctions C . &nbspDutch auctions D . &nbspSealed-bid auctions

The type of auctions which considers both situations such as, many buyers and on

Question

The type of auctions which considers both situations such as, many buyers and one seller or one seller and many buyers, is classified as

Options:

A . Australian auctions

B . English auctions

C . Dutch auctions

D . Sealed-bid auctions

Answer: Option C
Answer: (c).Dutch auctions

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