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[1 ] An oral auction [A] is also called a Vickrey auction [B] is where bidders submit increasing bids until all but one remains [C]

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[1 ] An oral auction [A] is also called a Vickrey auction [B] is where bidders submit increasing bids until all but one remains [C] is where the highest bidder wins and pays the amount of the next highest bid [D] all of the above

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