Which of the following types of auctions tends to be best for sellers?
A)English auctions
B)Name Your Own Price auctions
C)Dutch Internet Auctions
D)Group buying auctions

Question

Quizplus · Accepted Answer

English auctions tend to be the best choice for sellers because they start at a low price and allow for buyers to bid higher, ultimately driving up the price of the item. This creates competition among buyers, potentially leading to a higher final sale price.

Which of the Following Types of Auctions Tends to Be