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 Basic Method

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Basic Method

Step 6:  Award the items to the highest bidders.

The record-keeper should examine all of the bids and award each item to the highest bidder.  That bidder should be charged the second highest bid. 

Hints:

Example 1:  

Here are the bids for the three items in the Snider auction:

Bob wins the lawnmower for $150 and the walnut desk for $900. Mary wins the ceramic horse with rider for $300.   

  

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Copyright 2003  Lori Alden.  All rights reserved.