Auction-type pricing is becoming very popular due to the Internet.The three types of auction pricing include sealed-bid auctions,descending bids auctions,and ________.
A) EDLP auctions
B) ascending bid auctions
C) high-low bid auctions
D) going-rate bidding auctions
E) value pricing auctions

Question

Quizplus · Accepted Answer

The three types of auction pricing include sealed-bid auctions, descending bids auctions, and ascending bid auctions. High-low bid auctions and going-rate bidding auctions are not common types of auctions. EDLP auctions and value pricing auctions are not types of auction pricing.

Auction-Type Pricing Is Becoming Very Popular Due to the Internet