Question: During a _ _ _ _ _ _ _ _ _ _ , first, the buying firm initializes the auction by submitting a description of

During a __________, first, the buying firm initializes the auction by submitting a description of the product or service. Sellers then place bids based on their offer to fulfill the buyers needs.
During a __________, first, the buying firm initializes the auction by submitting a description of the product or service. Sellers then place bids based on their offer to fulfill the buyers needs.
A. Dutch Auction
B. traditional auctions
C. silent auctions
D. reverse auctions
E. eBay auctions

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