Which of the following types of auctions is most often associated with sellers that have many identical items to sell?
A)English auctions
B)Name Your Own Price auctions
C)Dutch Internet auctions
D)group buying auctions

Question

Quizplus · Accepted Answer

Dutch Internet auctions are best suited for sellers with many identical items to sell. In this type of auction, the price starts high and is gradually lowered until a buyer is found for each item. This allows the seller to quickly sell a large quantity of items at a fair market value. English auctions are better suited for unique or rare items, while Name Your Own Price and group buying auctions are more commonly used by buyers looking for deals.

Which of the Following Types of Auctions Is Most Often