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As a Manager Holding an Auction with Correlated or Common

Question 45

Multiple Choice

As a manager holding an auction with correlated or common values, you want buyers to place bids that are _______ their estimated valuations and sellers to place bids that are________ their estimated costs.


A) far from; far from
B) close to; far from
C) close to; close to
D) far from; close to

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