Sellers then place bids based on their offer to fulfill the buyer's needs.
Property owners might create a self-taxing district called a "Business Improvement District" (BID) to boost the commercial area's economic vitality.
Sellers set a starting price for an auction-style listing, and you compete with other bidders. The Bids/Offers - opens in new window or tab feature of My eBay allows you to monitor your bidding. The auction is won and the item is purchased by the highest bidder when the listing expires. A bid is an official, legally-binding offer.
A distinction between a bid and an offer The bid rate is the highest price that stock buyers will pay in the market to acquire any stock or other security they desire.
To learn more about place bids refer to:
https://brainly.com/question/29487574
#SPJ4
