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3. Auctions are widely used in finance, e-commerce and in e-games. dentify 3 uses of auctions by firms in finance, e-commerce and/or e-games. Explain the:

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3. Auctions are widely used in finance, e-commerce and in e-games. dentify 3 uses of auctions by firms in finance, e-commerce and/or e-games. Explain the: a) need for an auction in the product/service; and b) what type of auction is used and why that type of auction is appropriate for the product/service

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