English, asked by yadavkuldeep317, 4 months ago

27. In Sealed bid auctions suppliers can submit only
(A) Many bids
(B) Depends
(C) One bid

Answers

Answered by TheEmeraldGirl

Explanation:

The auction is one-sided (i.e. one buyer and multiple suppliers), and only one supplier can win the bidding process, i.e. the entire demand is allocated to a single supplier, a process referred to as sole sourcing ... The bids are then submitted to the buyer.

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