Jackie uses a software system to place bids automatically on her behalf until her predetermined maximum price is reached.The software bids in such a way as to minimize the final bid.This is referred to as:

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Proxy bidding is a method of bidding in online auctions where the bidder sets a maximum bid amount that they are willing to pay for an item. The bidding software then places bids on behalf of the bidder until the maximum bid is reached or exceeded. The software bids in increments that are just enough to outbid other bidders, while still keeping the bidder's maximum bid as the highest bid. This helps the bidder to obtain the item at the lowest possible price. The other options, bidding agents and pricing agents, are not commonly used terms in online auctions. Sniping is a strategy of placing a bid near the end of an auction in order to win, but it is not necessarily related to proxy bidding.

Jackie Uses a Software System to Place Bids Automatically on Her