Which of the following statements is NOT true?

Question

Quizplus · Accepted Answer

An auctioneer may have a preference for certain auction formats depending on the specific circumstances and characteristics of the items being auctioned and the bidders involved. For example, if the auctioneer believes that the item is likely to have a common value component (such as a mineral rights auction), they may prefer to use a sealed-bid auction format to mitigate the winner's curse. Additionally, some auction formats (such as a Dutch auction) may be more effective at generating bidding competition and higher revenues in certain situations. Therefore, an auctioneer is not always indifferent between different kinds of auctions.

Which of the Following Statements Is NOT True