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An online marketplace allows users to bid on a vintage guitar. The final selling price reflects its current market value, demonstrating the auction's role in:
An online marketplace allows users to bid on a vintage guitar. The final selling price reflects its current market value, demonstrating the auction's role in: a. Price discovery b. Liquidity c. Customer aggregation d. Market efficiency
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
