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

Author Question: What is an English auction? What will be an ideal response?[br][br][b][color=black]Question ... (Read 41 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
What is an English auction?
 
  What will be an ideal response?

Question 2

Because Corning produces durable goods, the demand for their goods
 
  A) declines when incomes in the economy are rising.
  B) is likely to increase during recession.
  C) is consistently high, regardless of the state of the economy.
  D) tends to follow the business cycle.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sarahccccc

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

An English auction is an open outcry auction in which the price increases until there is only one standing bid. That bidder wins the item and pays his or her bid.

Answer to Question 2

D




PhilipSeeMore

  • Member
  • Posts: 561
Reply 2 on: Jun 29, 2018
Excellent


meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

For a complete list of videos, visit our video library