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Author Question: Bid-rigging is less likely in a. oral auctions b. second-price auctions c. first-price sealed-bid ... (Read 81 times)

deesands

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Bid-rigging is less likely in
 a. oral auctions
  b. second-price auctions
  c. first-price sealed-bid auctions
  d. all are equally likely

Question 2

The slope of the production possibility frontier shows:
 a. the marginal rate of substitution between the two goods.
  b. the relative marginal costs of the two goods.
  c. the efficient combination of outputs possible using fixed amounts of input.
  d. the relative marginal productivities of the two goods.



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ms_sulzle

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Answer to Question 1

c

Answer to Question 2

b




deesands

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Reply 2 on: Jul 1, 2018
Wow, this really help


sultana.d

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

 

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