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    An Auction in Which the Price Announced by the Auctioneer
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An Auction in Which the Price Announced by the Auctioneer

Question 61

Question 61

Multiple Choice

An auction in which the price announced by the auctioneer DESCENDS is called a(n)


A) Dutch Auction.
B) English Auction.
C) Sealed Bid Auction.
D) Descending Option Auction.

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