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AndrewKraus AndrewKraus
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6 years ago
Which of the following is a similarity between a first-price sealed-bid auction and a Dutch 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 his bid in both the auctions.
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Microeconomics

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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6 years ago
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AndrewKraus Author
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#2
6 years ago
I'll share this with my friends, thank you for being there
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