Have you ever been to an auction?, Yes, NO, What is an Auction?, A sale in which buyers complete for an asset by placing bids of higher values, A sale in which buyers complete for an asset by placing bids of lower values, Who is an Auctioneer?, Person who sells goods at auction, Person who buys goods at an auction, What are the benefits of an auction?, Accelerates the sale, Competition among buyers, Exceeds the negotiated price, What is the name of the hammer used in auction?, Mjolnir, Gavel.

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