Keeping bid increments low both decreases the number of bidders and lowers the frequency of their bids.

Question

Quizplus · Accepted Answer

Keeping bid increments low can actually increase the number of bidders and the frequency of their bids as bidders may feel that they have a better chance of winning at a lower bid increment. High bid increments may deter bidders from participating, as the cost of increasing their bid significantly rises with each increment.

Keeping Bid Increments Low Both Decreases the Number of Bidders