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Author Question: All of the following types of auctions involve single units except: A) English auction. B) Dutch ... (Read 77 times)

@Brianna17

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on: Jul 7, 2018
All of the following types of auctions involve single units except:
 
  A) English auction.
  B) Dutch Internet.
  C) Name Your Own Price auction.
  D) penny auction.

Question 2

In the design phase of decision making, selecting a principle of choice or criteria means that
 
  A) if an objective model is used with hard data, all decision makers will make the same choice.
  B) risk acceptability is a subjective concept and plays little part in modeling.
  C) using well-designed models guarantees you success in real life.
  D) optimality is not the only criterion for acceptable solutions.


potomatos

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Reply #1 on: Jul 7, 2018
Answer to Question 1

B

Answer to Question 2

D


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