Business Studies, asked by yashica9087, 1 year ago

Difference between dutch and french auction

Answers

Answered by pranjalisharma76
0

Explanation:

dutch auction refers to a type of auction in which the price of an item is lowered until it gets the bid. the first bid made is the winning bid and the result in the sale assuming that the price is above the reserve price....

french auction is a multiple price auction used for pricing intial public offering..in this offering the firm announces a minimum reserve price . invester place sealed bids for quantity and prices...

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