In which type of auction does the buyer list an initial price,in which only a lower bid can be submitted by the suppliers and the current lowest bid is visible to all suppliers as the auction progresses?

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The Answer of In which type of auction does the buyer list an initial price,in which only a lower bid can be submitted by the suppliers and the current lowest bid is visible to all suppliers as the auction progresses?

In Which Type of Auction Does the Buyer List an Initial