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As a Manager Holding an Auction with Correlated or Common

Question 105

Multiple Choice

As a manager holding an auction with correlated or common values, you want buyers to place bids that are_______ their estimated_______ and sellers to place bids that are close to their estimated_______ .


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

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