According to the Article in the "An Inside Look" Feature,Facebook

question 115

Multiple Choice

According to the article in the "An Inside Look" feature,Facebook is a

• A) publicly traded company.
• B) privately held company.
• C) government owned company
• D) sole proprietorship.

---

Definitions:

High-value Bidders

Participants in an auction or competitive bidding process who are willing to offer significantly higher prices for assets or goods compared to average bidders.

Winning Bid

The highest offer made in an auction that is accepted by the seller, resulting in a sale.

Oral Auction

A public sale where goods or services are sold to the highest bidder through verbal bids.

Second-Price Auction

See Vickrey auction.