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AndrewKraus AndrewKraus
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7 years ago
Which of the following is a similarity between a second-price sealed-bid auction and an English auction?
A) Bids are placed privately in both the auctions.
B) Bids are placed publicly in both the auctions.
C) Bidders place their bids simultaneously in both the auctions.
D) The winner pays an amount equal to the second-highest bid in both the auctions.
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Microeconomics

Microeconomics


Edition: 1st
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losteinlostein
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AndrewKraus Author
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6 years ago
This helps with my assignment big time
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