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pirex pirex
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Posts: 634
6 years ago
The result that different auction styles in which the good goes to the winner with the highest valuation of the good generate the same amount of revenue is called
A) Revenue Equivalence Theorem.
B) Marginal Revenue Theory.
C) Auction Revenue Theory.
D) First Bid Revenue Theorem.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 51 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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LBCeaLBCea
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Top Poster
Posts: 1248
6 years ago
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pirex Author
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6 years ago
Brilliant
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Thanks for your help!!
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This site is awesome
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