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Author Question: For the following, please answer "True" or "False" and explain why.In auctions, the winner always ... (Read 173 times)

Deast7027

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on: Mar 14, 2021

Question 1

Explain why it is unwise to bid more than your valuation of the good in a sealed bid second-price auction.

Question 2

For the following, please answer "True" or "False" and explain why.


In auctions, the winner always pays a price equal to the highest (his) bid.
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Marked as best answer by Deast7027 on Mar 14, 2021

welcom1000

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Reply #1 on: Mar 14, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Deast7027

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Reply 2 on: Mar 14, 2021
Thanks for the timely response, appreciate it

Liamb2179

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Reply 3 on: Yesterday
Excellent

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