Traditional auctions:
A.
are buyer-initiated.
B.
benefit the buyers significantly more than the sellers.
C.
have an increasing number of bidders as the auction progresses.
D.
have sequential bidding.
Answer: D
A.
are buyer-initiated.
B.
benefit the buyers significantly more than the sellers.
C.
have an increasing number of bidders as the auction progresses.
D.
have sequential bidding.
Answer: D