Multiple Choice
Scenario: Four friends-Tom, Bill, Jeff, and Roger-are participating in an English auction. Tom values the good being auctioned at $500, Bill values it at $210, Jeff values it at $350, and Roger values it at $625.
-Refer to the scenario above.If they are the only bidders in the auction,Tom will no longer bid when bidding reaches ________.
A) $200
B) $210
C) $350
D) $500
Correct Answer:

Verified
Correct Answer:
Verified
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