Suppose Managers of an Art Auction House Are Going to Auction

Multiple Choice

Suppose managers of an art auction house are going to auction a painting that is believed to be painted by a famous artist. If the managers of the auction are able to provide evidence that the painting was created by the famous artist, the participants in the auction will have _______confidence in their own valuation of the painting and will submit_______ bids.

A) less; lower
B) less; more
C) more; lower
D) more; higher