Dutch Auction (Traditional)
The auctioneer will begins with a high asking price, and then lower it until someone is willing to accept it. That bidder will win the lot, and pay the last announced price.
The auctioneer will begins with a high asking price, and then lower it until someone is willing to accept it. That bidder will win the lot, and pay the last announced price.
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1. Auctions
4. Car Auctions
6. eBay Auction
8. Bidding
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