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In Addition to Auctions,dynamic Prices Can Be Determined by Online

question 39

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In addition to auctions,dynamic prices can be determined by online negotiation,which is the back-and-forth process of bargaining until a buyer and seller reach a mutually agreeable price.


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Arithmetic Approach

Utilizing basic mathematical operations like addition, subtraction, multiplication, and division to solve problems.

Logarithmic Approach

A mathematical method used for scaling data or solving certain types of equations involving exponential relationships.

Learning Rate

The speed at which learning happens, often used to describe the reduction in time or cost to perform a task as experience with the task increases.

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