Last Updated：2025/12/29
Sentence
Auctions
come
in
a
wide
variety.
In
a
“Dutch
auction”,
often
used
to
sell
flowers
and
fruit,
prices
start
high
and
gradually
drop
until
a
bidder
is
willing
to
pay
up.
A
“Japanese
auction”
is
a
bit
like
poker:
bids
rise
with
each
round
and
anyone
who
wants
to
win
must
bid
every
time.
Vendors
using
auctions
rid
themselves
of
the
headache
of
choosing
prices
and
instead
just
pick
the
rules
bidders
must
follow.
Quizzes for review
Auctions come in a wide variety. In a “Dutch auction”, often used to sell flowers and fruit, prices start high and gradually drop until a bidder is willing to pay up. A “Japanese auction” is a bit like poker: bids rise with each round and anyone who wants to win must bid every time. Vendors using auctions rid themselves of the headache of choosing prices and instead just pick the rules bidders must follow.
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