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whipped whipped
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7 years ago
The winner of a second-price sealed-bid auction pays an amount equal to ________.
A) half of his bid
B) the lowest bid
C) the second-highest bid
D) his valuation of the good
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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1 Reply
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Answer verified by a subject expert
SudzburySudzbury
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Posts: 542
7 years ago
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University of Kansas Alumni

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whipped Author
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7 years ago
This helped my grade so much Perfect
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Thank you, thank you, thank you!
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Just got PERFECT on my quiz
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