电子商务英语（ 第二版） 09.pptVIP

尚辅网 9.1 Auction and Online Auction9.1拍卖与在线拍卖 In an auction, a seller offers an item or items for sale, but does not establish a price. This is called putting an item up for bid or putting an item on the (auction) block. Potential buyers are given information about the item or some opportunity to examine it; they then offer bids, which are the prices they are willing to pay for the item. The potential buyers, or bidders, each have developed private valuations, or amounts they are willing to pay for the item. The whole auction process is managed by an auctioneer. In some auctions, people empl