What is an English auction?

What will be an ideal response?

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.

Economics

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Traditionally, elementary and secondary education was an enterprise of state government

a. True b. False

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Which of the following indicates that there is a shortage in the market?

A) Demand is rising. B) Demand is falling. C) Price is rising. D) Price is falling.

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