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Author Question: In a Dutch auction, the ________ wins the good. A) bidder who bids up to his value for the good ... (Read 80 times)

sam.t96

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on: Jun 29, 2018
In a Dutch auction, the ________ wins the good.
 
  A) bidder who bids up to his value for the good
  B) bidder who stops the auction
  C) bidder with the lowest value for the good
  D) second bidder

Question 2

________ are non-excludable in consumption.
 
  A) Public goods and private goods
  B) Public goods and common pool resources
  C) Private goods and club goods
  D) Club goods and common pool resources


voltaire123

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


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sam.t96

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Reply #2 on: Jun 29, 2018
Thank you :)


voltaire123

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Reply #3 on: Jun 29, 2018
Happy to help you


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