This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is a difference between an English auction and a Dutch auction? A) Bids ... (Read 94 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
Which of the following is a difference between an English auction and a Dutch auction?
 
  A) Bids are placed publicly in an English auction while bids are placed privately in a Dutch auction.
  B) The bidder who values the good the most wins in an English auction while the bidder who values the good the least wins in a Dutch auction.
  C) An English auction is an ascending price auction while a Dutch auction is a descending price auction.
  D) An English auction is a descending price auction while a Dutch auction is an ascending price auction.

Question 2

Production points inside the PPF are
 
  A) efficient but not attainable.
  B) efficient and attainable.
  C) inefficient and not attainable.
  D) inefficient and attainable.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Loise Hard

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

C

Answer to Question 2

D




Redwolflake15

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
:D TYSM


Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

For a complete list of videos, visit our video library