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.Related Questions on International Finance and Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
Join The Discussion