What factors can influence the final price of an item at auction?
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Demand, rarity, condition, and market trends
The color of the item
The time of day the auction is held
The number of people attending the auction
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Explain the role of an auctioneer during an auction.
To facilitate the bidding process and ensure fair play
To bid on behalf of the seller
To set the starting price for all items
To provide refreshments to bidders
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