The bidding technique in which only one bid is submitted by sellers is classified as ________?
Aequalizing-bid auctions
Bascending bids auctions
Csealed-bid auctions
Ddescending bids auction
Correct answer
C. sealed-bid auctions
Explanation
sealed-bid auctions is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.