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Author Question: For the following, please answer "True" or "False" and explain why.In auctions, the winner always ... (Read 164 times)

Deast7027

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on: Mar 14, 2021

Question 1

Explain why it is unwise to bid more than your valuation of the good in a sealed bid second-price auction.

Question 2

For the following, please answer "True" or "False" and explain why.


In auctions, the winner always pays a price equal to the highest (his) bid.
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Marked as best answer by Deast7027 on Mar 14, 2021

welcom1000

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Reply #1 on: Mar 14, 2021
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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Only 49% of students answer this correctly


Deast7027

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Reply 2 on: Mar 14, 2021
Excellent

elyse44

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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