The indifference principle states that a. If an asset is mobile, ...

[MirandaLo]

The indifference principle states that
 a. If an asset is mobile, then in the long run, it will be indifferent about where it is used
  b. In the long run, a mobile asset will make the same profit, no matter where it goes
  c. If an asset is mobile, then in the long run, it would stay with the first user
 d. Only A&B

Question 2

The optimal bidding strategy for a second-price auction is
 a. To bid your true value
 b. To shade your bid well below your true value
 c. To shade your bid just a little below your true value
 d. To size up your competition to determine how much to shade your bid

[mcabuhat]

Answer to Question 1

d

Answer to Question 2

a

[MirandaLo]

Thank you

[mcabuhat]

Happy to help you