The resulting price of a Dutch auction will be _______________ the resulting price of a first-price sealed-bid auction.

Name: The resulting price of a Dutch auction will be _______________ the resulting price of a first-price sealed-bid auction.
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Question

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In a Dutch auction, the price decreases until a bidder accepts the current price, which is similar to the highest bid in a first-price sealed-bid auction. Therefore, the resulting price is typically equal in both auction types.

The Resulting Price of a Dutch Auction Will Be _______________