Understanding Dutch Auctions
1:02
YouTubeB2Bwhiteboard
Understanding Dutch Auctions
Dutch auctions are a type of auction where the auctioneer begins with a high asking price that is progressively lowered until a participant accepts the current price. Bidders indicate the quantity they are willing to purchase at that price. The highest bidder at the moment of acceptance wins, paying the last announced price. www.b2bwhiteboard.com
4.3K viewsDec 24, 2023
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