In an open outcry English auction, ________. A) the bidders ...

[craiczarry]

In an open outcry English auction, ________.
 
  A) the bidders begin the bidding process with a high starting bid
  B) the auctioneer begins the bidding process with a high starting bid
  C) the auctioneer begins the bidding process with a low starting bid
  D) the bidders decide the starting bid

Question 2

Which of the following shifts the supply curve for oranges?
 
  A) disastrous weather that destroys about half of this year's orange crop
  B) a newly discovered increase in the nutritional value of oranges
  C) an increase in the price of bananas, a substitute in consumption for oranges
  D) an increase in income for all orange consumers

[gabrielle_lawrence]

Answer to Question 1

C

Answer to Question 2

A

[craiczarry]

Excellent

[bitingbit]

TYSM