Which of the following best describes a traffic light auction format?

Which of the following best describes a traffic light auction format?
A . Supplier submit decreasing bids within staggered lots that do not include overtime
B . Supplier submit decreasing bids within serial lots with durations displayed via color coded icons
C . Supplier must pass an access gate with prerequisites before participating in the full auction
D . Supplier submit decreasing bids and receive feedback on whether their bid will be considered via color coded icons.

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Answer: C