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Listening practice
/ Section RHZK
Listen to an Academic Talk
Listen to part of a talk in an economics class.
Listen
29. What is the main point of the talk?
A
Different auction formats control what bidders can learn from each other.
B
Sealed-bid auctions raise more money than open ones.
C
Auctions are used mainly for goods of uncertain value.
D
Bidders behave irrationally when prices rise quickly.