A sale in which property or a service is sold to the highest bidder is called a(n)

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A sale in which property or a service is sold to the highest bidder is called a(n)

A sale in which property or a service is sold to the highest bidder is called a(n)
A) auction.
B) bidder sale.
C) competitive market.
D) austrian bundle.

Textbook

Microeconomics

Edition: 6^th

Author: Perloff

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