Question

If you bid $2 for a click and the next highest bid is $1.25, how much will you pay?

Answer 1

According to me I would bid for some think like 3.25$.In bidding we need to put the highest price for a product that we wish to buy.Some auctioneer wish to hide the basic price of the item to fetch more money from buyers.It is an interesting way to sell things,people invest a lot of time and money in auctions as they know that the quality would be good.