Big Roads Construction Is Participating in an Auction for a Government

Multiple Choice

Big Roads Construction is participating in an auction for a government contract to build a large highway. If Big Roads wins the auction, they will build the highway for the bid they submitted. Big Roads will face the winner's curse if their winning bid is too_______, making Big Roads earn _______economic profit.

A) low; more
B) high; less
C) high; more
D) low; less