____ are the prices that potential buyers in an auction are willing to pay for an item.
A)Bids
B)Proposals
C)Inquiries
D)Reserves

Question

Quizplus · Accepted Answer

Bids are the prices that potential buyers offer in an auction to purchase an item. The highest bid is usually the winning bid, and the item is sold to the bidder who offered that price. Therefore, bids are the most appropriate choice for the given definition. The other options, such as proposals, inquiries, and reserves, are not as directly related to the prices that buyers are willing to pay in an auction.

____ Are the Prices That Potential Buyers in an Auction