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Author Question: The winner's curse is more likely a. when there is only one bidder b. when demand for the good ... (Read 165 times)

WhattoUnderstand

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on: Jun 30, 2018
The winner's curse is more likely
 a. when there is only one bidder
  b. when demand for the good being auctioned is increasing
  c. when the value of the good being auctioned is common knowledge
  d. when the value of the good being auctioned is uncertain
  e. when the marginal cost of information is low

Question 2

Which of the following is not considered a resident when calculating the balance of payments?
 a. governments
  b. capital equipment
  c. organizations
  d. firms
  e. people


tuate

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


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