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Author Question: In a first-price sealed-bid auction, the ________ bidder wins the good being auctioned. A) lowest ... (Read 96 times)

sc00by25

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In a first-price sealed-bid auction, the ________ bidder wins the good being auctioned.
 
  A) lowest
  B) second-highest
  C) highest
  D) first

Question 2

Comparatively speaking, buildings are more likely to be physically ________ in regions where land prices are relatively ________.
 
  A) taller; low
  B) shorter; high
  C) taller; high
  D) shorter; stable



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mcabuhat

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Answer to Question 1

C

Answer to Question 2

C




sc00by25

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


mcabuhat

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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