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10 June, 21:21

Prices become higher when a unique and highly desirable item is auctioned because the

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  1. 10 June, 21:31
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    The prices become higher when a desirable item is auctioned because the demand of the item rises when more people want it and only one person can get it. When this happens the price will rise immensely because the buyer wants it more than the other people so they bid higher to win the auction.
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