Dutch auction the bid, and pays $10,000 for the car. Dutch auctions are a competitive alternative to a traditional auction, in which customers make bids of increasing value until nobody is willing to bid higher. Some financial commentators and some third-party auction sites use "Dutch auction" to refer to second-price auctions, which work differently from Dutch auctions. The United States Department of the Treasury, through the Federal Reserve Bank of New York (FRBNY), raises funds for the U.S. Government using a Dutch auction. The FRBNY interacts with primary dealers, including large banks and broker-dealers who submit bids on behalf of themselves and
Alternative versions of Supergirl revealed that a Multiverse system of 52 parallel universes, with each Earth being a different take on established DC Comics characters as featured in the mainstream continuity (designated as "New Earth") had come into existence. The Multiverse acts as a storytelling device that allows writers to introduce alternative versions of fictional characters, hypothesize "what if?" scenarios, revisit popular Elseworlds stories and allow these characters to interact with the mainstream continuity. Between 1989 and 2004, DC's "Elseworlds" imprint was used to showcase unofficial alternative universe stories; before 1989, "imaginary stories" served the same purpose. Since 2004, stories outside the main DC