All of the following are benefits of auctions except:
A) more efficient price discovery.
B) lower transaction costs.
C) decreased price transparency.
D) increased market efficiency.

Question

Quizplus · Accepted Answer

Auctions generally lead to more efficient price discovery, lower transaction costs, and increased market efficiency. However, they do not typically result in decreased price transparency, as auctions are designed to provide a fair and open platform for buyers and sellers to bid on goods or services. In fact, auctions can be seen as a way to increase transparency, as they often provide a clear and objective way of determining the market value of an item.

All of the Following Are Benefits of Auctions Except