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AndrewKraus AndrewKraus
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7 years ago
The basic idea behind an auction is that:
A) buyers want to buy from the sellers with the lowest ask prices, and sellers want to sell to buyers with the highest bid prices.
B) buyers want to buy from the sellers with the highest ask prices, and sellers want to sell to buyers with the highest bid prices.
C) buyers want to buy from the sellers with the highest ask prices, and sellers want to sell to buyers with the lowest bid prices.
D) buyers want to buy from the sellers with the lowest ask prices, and sellers want to sell to buyers with the lowest bid prices.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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7 years ago
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AndrewKraus Author
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#2
7 years ago
This helps with my assignment big time
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