In which type of auction is there a downward pressure on bid prices for the buyer’s business as more would-be suppliers become involved?
A) traditional auction
B) vertical auction
C) reverse auction
D) horizontal auction
E) reciprocal auction
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In which type of auction is there a downward pressure on bid prices for the buyer’s business as more would-be suppliers become involved?
A) traditional auction
B) vertical auction
C) reverse auction
D) horizontal auction
E) reciprocal auction