Sociology, asked by rishabvimal561, 10 months ago

what is auctioning?​

Answers

Answered by rose5694
9

Answer:

An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder.

Answered by pranavsingh123
2

Explanation:

An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. The open ascending price auction is arguably the most common form of auction in use today. Wikipedia

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