Considering the Dutch auctions, the technique in which the auctioneer – McqOptions

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1.	Considering the Dutch auctions, the technique in which the auctioneer lower the announced price till bidder accepts price is used in situation of
A.	one seller, many buyers
B.	one buyer, many sellers
C.	many sellers, many buyers
D.	None of above
Answer» B. one buyer, many sellers

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