Price which is paid by bidders and is accepted by all other bidders is classified as
A. highest price
B. lowest price
C. zero price
D. peak price
Answer: Option B
Solution (By Examveda Team)
Price which is paid by bidders and is accepted by all other bidders is classified as lowest price. A bidder is someone who offers to pay a certain amount of money for something that is being sold.This Question Belongs to Management >> International Finance And Treasury
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