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Author Question: The winners curse is more often associated with; a. oral auctions b. second-price auctions c. ... (Read 55 times)

big1devin

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on: Jul 1, 2018
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.


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leahchrapun

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Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

c


big1devin

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

coreycathey

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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