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Re: Question on Ebay auction.
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Re: Question on Ebay auction.
To put numbers on this auction, let's say the underbidder bid $232 and the winning bidder bid $400 and the reserve was $275. Then eBay would make the winning bid equal to the reserve of $275. The only way it would be different is if the underbid was real close to the reserve: say the underbid was $274 and the winning…
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