One common type of auction is [...]auction, also referred to as an English auction. Bidders can bid an amount greater than the previous high bid, and the bidder that first offers the highest bid of the auction wins the item and pays the amount bid
One common type of auction is [...]auction, also referred to as an English auction. Bidders can bid an amount greater than the previous high bid, and the bidder that first offers the highest bid of the auction wins the item and pays the amount bid
One common type of auction is [...]auction, also referred to as an English auction. Bidders can bid an amount greater than the previous high bid, and the bidder that first offers the highest bid of the auction wins the item and pays the amount bid
Answer
an ascending price
If you want to change selection, open original toplevel document below and click on "Move attachment"
Parent (intermediate) annotation
Open it One common type of auction is an ascending price auction, also referred to as an English auction. Bidders can bid an amount greater than the previous high bid, and the bidder that first offers the highest bid of th
Original toplevel document (pdf)
owner: iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p18
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
memorised on
scheduled repetition
scheduled repetition interval
last repetition or drill
Details
No repetitions
Discussion
Do you want to join discussion? Click here to log in or create user.