(3/-1) In the Vickery, or “sealed-bid second-price†type of this, the winning bidder pays the amount of the second-highest bid.
(6/-2) Benjamin Harrison signed the first of this type of law opposing monopolies in 1890.
(9/-3) When the value or quality of a product is increasingly recognized, this increase in price typically follows closely.
(12/-4) From a Latin word meaning “to deaden,†this process pro rates an expense or liquidates a debt over the useful life of the good being paid for.
(15/-5) This technique can be used to exploit price discrepancies on different markets by buying in one place for immediate resale somewhere else.