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The splitting of the departments of Commerce and Labor into two separate departments in 1903 was done due to
Larger Amounts
Quantities or volumes greater than usual or compared to a standard measure, indicating a significant scale.
Auctioneer
An individual or company that conducts auctions by accepting bids and declaring goods sold to the highest bidders.
First-Price Auctions
A type of auction in which the highest bid wins, and the winner pays the amount of their bid.
Highest Bid
The largest amount of money offered for a good or service in an auction.
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