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Author Question: The optimal bidding strategy in a second-price sealed-bid auction is similar to the optimal bidding ... (Read 116 times)

rachel9

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on: Jun 29, 2018
The optimal bidding strategy in a second-price sealed-bid auction is similar to the optimal bidding strategy in a(n) ________ auction. In both auctions, dominant strategies are at work.
 
  A) open-outcry English
  B) open-outcry Dutch
  C) first-price sealed-bid
  D) penny

Question 2

A noisy party that keeps neighbors awake is an example of a
 
  A) negative production externality.
  B) positive production externality.
  C) negative consumption externality.
  D) positive consumption externality.
  E) Both answers B and C are correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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kristenb95

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Reply #1 on: Jun 29, 2018
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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rachel9

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

gcook

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Reply 3 on: Yesterday
Excellent

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