This topic contains a solution. Click here to go to the answer

Author Question: The winners curse is more often associated with; a. oral auctions b. second-price auctions c. ... (Read 70 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
The winners curse is more often associated with;
 a. oral auctions
  b. second-price auctions
  c. first-price sealed bid auctions
  d. common value auctions

Question 2

Under a perfectly competitive price system:
 a. an equitable allocation of the available resources will always result.
  b. there is no opportunity for individuals to trade amongst themselves.
  c. there is no reason to expect that voluntary trading will result in an equitable allocation of the available resources.
  d. none of the above.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leahchrapun

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

d

Answer to Question 2

c




big1devin

  • Member
  • Posts: 583
Reply 2 on: Jul 1, 2018
Excellent


alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

For a complete list of videos, visit our video library