Question: Auctions ( competitive biddings ) have been most effective when _ _ _ Group of answer choices the good or service is unique or highly

Auctions (competitive biddings) have been most effective when ___
Group of answer choices
the good or service is unique or highly customized.
technological, logistical, and commercial specifications are ambiguous.
the market conditions favor buyers and item specifications are clear.
the organization owns the technology to run the auction.

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