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Which of the following best describes atraffic light auction format?

Which of the following best describes atraffic 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.

Answer: C

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