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whipped whipped
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7 years ago
The larger the number of bidders in an open outcry Dutch auction, ________.
A) the lower is the maximum willingness to pay of each bidder
B) the smaller is the consumer surplus earned by the winner
C) the larger is the quantity offered by the auctioneer for auction
D) the lower is the value of the starting bid
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Microeconomics

Microeconomics


Edition: 1st
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losteinlostein
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7 years ago
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whipped Author
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7 years ago
Smart ... Thanks!
vernonb
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Yesterday
Helped a lot
sleinhi
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2 hours ago
this is exactly what I needed
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