Business, 15.04.2020 00:58 Nerdylearner8639

E-bay is a popular website. People can choose from a variety of objects: toys, games, clothes, a smiley face potato chip, cars, game tickets, and other interesting things. People enter the amount that they would be willing to pay for the object on the site. And other people, seeing this amount, can choose to enter a higher amount that they would be willing to pay. What is this type of competition-based pricing called?

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