Which of the following is allowed in the process of chandelier bidding?

Chandelier bidding allows participants to submit bids at various prices as determined by the auctioneer's discretion. This approach gives the auctioneer the flexibility and authority to manage the bidding process actively, ensuring that the auction remains dynamic and competitive. This method is particularly useful in live auction scenarios where the auctioneer may encourage bidding by adjusting the price levels based on the interest and engagement of the bidders.

The auctioneer has the responsibility to facilitate the flow of the auction, encourage participation, and ensure that the auction meets its intended goals. Thus, the allowance for the bids to occur at prices set by the auctioneer means that they can adjust strategies as the auction progresses, responding to factors such as bidder enthusiasm and the perceived value of the items being auctioned. This distinctive aspect of chandelier bidding is pivotal in fostering a competitive and engaging environment for bidders.

While other options describe limitations either in the manner of bidding or in the interaction required from bidders, the key feature of chandelier bidding is the flexibility it grants to the auctioneer to determine suitable bidding prices, making option C the accurate reflection of the process.