Examlex
Which of the following is an injection into the circular flow?
High-value
Attributes or items considered to have a significant worth or importance, either in monetary terms or in qualitative aspects such as quality or utility.
Winning Price
The final bid amount that secures an item or service in an auction; the price at which the auction is won.
Low-value
Pertaining to items or services that are considered to have less worth or importance, often reflected in their low cost.
Second-Price Auction
An auction format in which the highest bidder wins but pays the second-highest bid price, encouraging bidders to bid their true value.
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